111 Mountain Vista Rd - Retail FOR SALE


Canton, GA 30115
$3,950,000 USD
404-812-8925
111 Mountain Vista Rd, Canton, GA for Sale
$3,950,000 USD
Retail - FOR SALE
1/18
null | 7.03% Cap Rate

111 Mountain Vista Rd
Canton, GA 30115


HIGHLIGHTS

  • 100% Leased - 19,350 square foot shopping center situated on 3.26- acre lot with ample parking
  • Upside Potential - average rent of $18.57 gross
  • Anchored by Chevron with a long term lease
  • Excellent tenant mix, great visibility, along with multiple access points
  • Attractive architecture and building finishes, constructed in 2001
  • 2 newer medical buildings located directly across the street

OVERVIEW

Market Center at Mountain View is an excellent opportunity for an investor to acquire an attractive neighborhood shopping center with excellent road visibility. This established 19,350 square foot shopping center was developed in 2001, and is 100% occupied with 9 tenants. In an e?ort to provide a village style experience, the center consists of two buildings providing a mixture of a gas station, retail, service, and o?ce uses. Chevron lease runs through 2033 and has 4 gas pumps as well as a convenience store which generates additional traffic to the center. Canton is an established and rapidly growing suburb of Atlanta, approximately 35 miles northwest of downtown. This suburb is a short commute to the many employers around the northern arch of Atlanta. Residents also bene?t from proximity to Lake Allatoona, which is a major recreational lake for metro Atlanta residents. Canton continues to attract people wishing to move out of the City of Atlanta, with excellent school districts, new infrastructure and investment, low crime rates, and a high quality of life. The property is just south of Northside Cherokee Hospital; a full service 158 bed hospital serving the area.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

7.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Market Center at Mountain View

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3.26 AC

LAND SF

142,006 SF

ZONING

PUD

APN/PARCEL ID

14N24C-00000-001-00A-0000

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.