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Off Market
1/7

1891 Mount Zion Rd
Morrow, GA 30260


HIGHLIGHTS

  • AT&T in Morrow, Georgia | Located 16 Miles South of Atlanta
  • Wholly Owned Subsidiary Guaranty | New Cingular Wireless PCS | Operates More Than 2,900 Locations
  • Tenant Demonstrates Commitment | Extended Base Term of Lease Four Times
  • Ideally Located Along Mt Zion Road and Nearby I-75 | Mt Zion Road: 21,000 Vehicles Per Day (VPD), I-75: 128,000 Vehicles Per Day (VPD)
  • Dense Trade Area | There is More Than 1 Million Square Feet of Retail in Immediate Vicinity | Anchored by: LA Fitness, AMC, The Home Depot, and Ross

OVERVIEW

SAB Capital is pleased to present AT&T in Morrow, Georgia, located 16 miles south of Atlanta. There are more than two years remaining on a NN Lease with landlord responsibilities limited to roof and structure. AT&T has demonstrated its commitment to this location as it extended the base term of its lease four times. The lease is guaranteed by New Cingular Wireless PCS, a wholly-owned subsidiary of AT&T, who came in at number nine in the Fortune 500 (2018). The subject property is ideally located as a pad site to a large shopping center. Some national credit anchors include Publix, LA Fitness, and AMC Southlake 24. AT&T is also located just off Mt Zion Road and nearby I-75, these heavily trafficked corridors combined see more than 150,000 vehicles per day (VPD). AT&T is in a strong demographic area, within three miles there are more than 68,000 residents, a nine percent bump from 2010. Additional tenants in the immediate vicinity include TGI Friday’s, Wells Fargo, Barnes & Noble, Ashley HomeStore, FedEx, The Home Depot, Chipotle, and many more. This property is also being listed in conjunction with 1943 Mt. Zion Road Morrow, GA 30260. For more information visit: www.sabcap.com/listing/morrow-center/

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

AT&T

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

5875

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

12-0110C-00B-007