4827-4903 Old National Hwy - Retail FOR SALE


College Park, GA 30337
$10,100,000 USD
770-729-2843
4827-4903 Old National Hwy, College Park, GA for Sale
$10,100,000 USD
Retail - FOR SALE
1/8
null | 8% Cap Rate

4827-4903 Old National Hwy
College Park, GA 30337


HIGHLIGHTS

  • Stable 94.96% occupancy.
  • Opportunity to increase NOI by growing the current below market rates.
  • 20 acres strategically located on Old National Highway at the convergence of I - 85 and 285 - Unreplaceable location near airport.
  • 20 acres of underlying land has a value equal to or above list price.
  • 8% cap rate on existing income.

OVERVIEW

STABLE INCOME TODAY:GROWTH TOMORROW Multi-tenant retail shopping center strategically located along Old National Highway and the convergence of Interstate 85 and 285. Exceptional visibility, accessibility and exposure in one of south metro Atlanta's most active commercial corridors. Property is 94.96% occupied allowing an investor to receive a strong initial return of an 8% cap rate. The stategic location of the center located at the airport has a land value equal to or greater than the list price.

FOR SALE DETAILS

PRICE

$10,100,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

International Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

1023

LAND DETAILS

LAND ACRES

20 AC

LAND SF

871,200 SF

ZONING

C2

APN/PARCEL ID

13-0061-LL-182-6

ASK ABOUT THIS PROPERTY

Phil RyanLavista Associates, Inc.More Info
770-729-2843

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Phil RyanLavista Associates, Inc.More Info
770-729-2843

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