3059 Washington Rd - Freestanding FOR SALE


East Point, GA 30344
$1,875,000 USD
210-889-6819
3059 Washington Rd, East Point, GA for Sale
$1,875,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

3059 Washington Rd
East Point, GA 30344


HIGHLIGHTS

  • 60 dedicated parking spaces at a best-in-class 5.2:1 ratio
  • All-new HVAC & BUR-compliant roof (2021) — zero near-term CapEx risk
  • Drive-thru capability — fully functional and rare in this submarket
  • Prime corner lot — Washington Road frontage with dedicated turn lane
  • Two curb cuts for maximum ingress/egress flexibility
  • Pylon + monument signage — exceptional road visibility

OVERVIEW

3059 Washington Road presents a rare opportunity to acquire a fully refurbished freestanding retail building in one of East Point's most active commercial corridors. Offered at $1,875,000, this 11,497 SF corner property sits on 1.45 acres and is positioned to serve a trade area of 38,000 residents with strong daytime population and consistent daily traffic along Washington Road. Originally built in 1996 and comprehensively updated in 2021, the building is in true turnkey condition — featuring all-new HVAC, a BUR-compliant roof, an active security system, mezzanine storage, and a rear roll-up door for full delivery access. The property carries one of the only fully functional drive-thrus available in this submarket, along with 60 dedicated parking spaces at a 5.2:1 ratio, dual curb cuts with a dedicated turn lane, and prominent pylon and monument signage. C-1 zoning supports a wide range of permitted uses. The Washington Road corridor is anchored by CVS Pharmacy, Food Lion, South State Bank, Family Dollar, and Subway. Despite strong daily traffic and a dense, loyal consumer base, the intersection currently has no dedicated beauty supply store, salon suites operator, or full-service community grocer — representing a clear leasing opportunity and value-add upside for an investor or an immediate occupancy path for an owner-user. Whether acquired as an investment asset to be leased at market NNN rates or occupied directly by a business operator, 3059 Washington Road offers the physical infrastructure, location, and market fundamentals to support long-term performance. The building is ready. The market is here.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

C1

APN/PARCEL ID

14-0190-0002-034-8

ASK ABOUT THIS PROPERTY

Jeff HammondHSI CommercialMore Info
210-889-6819

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Jeff HammondHSI CommercialMore Info
210-889-6819

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