1297 Mount Zion Rd - Freestanding FOR SALE


Morrow, GA 30260
$1,159,948 USD
954-902-5253
1297 Mount Zion Rd, Morrow, GA for Sale
$1,159,948 USD
Freestanding - FOR SALE
1/5
null | 7.75% Cap Rate

1297 Mount Zion Rd
Morrow, GA 30260


HIGHLIGHTS

  • Below market rental rate in one tenant space provides meaningful mark-to-market upside, with current rent at approximately $6.44/SF.
  • 100% leased with 3 distinct revenue streams, optic retail (For Eyes), commercial/flex space (McK50), and billboard (Clear Channel), with a weighted.
  • For Eyes has operated continuously at its Morrow location since 1993, representing more than 30 years of successful retail history.
  • Located approximately 13 miles southeast of Atlanta and 13 miles south of Hartsfield–Jackson Atlanta International Airport.
  • Surrounding national retailers include Costco, The Home Depot, Target, Best Buy, Walmart, Publix, TJ Maxx, and PetSmart.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 7,500 SF Atlanta Metro Plaza located at 1297 Mount Zion Rd in Morrow, GA. This investment features a below-market rental rate in one tenant space, creating significant mark-to-market upside potential. The current in-place rent is approximately $6.44/SF, substantially below comparable area asking rents of approximately $12-15/SF, offering investors a strong value-add opportunity with the potential for increased future cash flow and long-term income growth. In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

FOR SALE DETAILS

PRICE

$1,159,948 USD

PRICE/SF

$155 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atlanta Metro Plaza - Morrow, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,827 SF

ZONING

GB, Morrow

APN/PARCEL ID

12-0112C-00A-007

ASK ABOUT THIS PROPERTY

Kelly ParrishSands Investment GroupMore Info
954-902-5253

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Kelly ParrishSands Investment GroupMore Info
954-902-5253

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