1363 Iris Dr SE - Freestanding FOR SALE


Conyers, GA 30013
$2,990,000 USD
404-812-8925
1363 Iris Dr SE, Conyers, GA for Sale
$2,990,000 USD
Freestanding - FOR SALE
1/12
null | 7.5% Cap Rate

1363 Iris Dr SE
Conyers, GA 30013


HIGHLIGHTS

  • 100% Leased- 22,800 square foot shopping center situated on 3 - acre lot with ample parking
  • Upside potential - average base rent under $13 PSF
  • Anchored by Bella Vista a grocery store and Mexican restaurant with over 1,400 google reviews and a high rating of 4.7 stars
  • Established internet resistant tenants
  • Excellent visibility to I-20 along Iris Drive, a well-traveled local corridor with strong connectivity to surrounding neighborhoods
  • Located between the newly developed power center anchored by Floor & Decor, Academy Sports & Outdoors, and Northern Tool and a brand new hotel

OVERVIEW

The subject property is a commercial asset located at 1363 Iris Drive SE in Conyers, Georgia, within the growing Rockdale County submarket of Metro Atlanta. The property includes existing buildings and improvements, offering flexibility for immediate occupancy, repositioning, or long-term investment. Strategically positioned along a well traveled corridor, the property benefits from proximity to established residential neighborhoods and surrounding retail development, supporting steady consumer demand. Offered at $2,990,000, the asset presents an attractive opportunity for investors or owner-users seeking to capitalize on the continued growth of the Conyers market.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stoneway Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C2

APN/PARCEL ID

075-0-01-007L

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.