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Off Market
1/5

6370-6380 Powers Ferry Rd NW
Atlanta, GA 30339


HIGHLIGHTS

  • 100% Leased Retail - 8 Suites - 2 Stories - 2 Improvements
  • Tenants include CVS, Subway, Porter Pizza, Pro Balance Fitness, Family Dentistry and more
  • Heavy retail area, with Publix anchored center directly across Northside Dr
  • CMBS loan must be assumed - approximately $7.8mm at 5% interest for 5 more years
  • Highly trafficked area with 35,000 vehicles passing the property per day - Direct access to I-285
  • 5 mile population of 213,625 people, with an average income of $129,575

OVERVIEW

Powers Ferry Shopping Center is an excellent opportunity for an investor to acquire a 100% leased, newer construction, multi-tenant shopping center, in a high traffic area just north of Atlanta. The property consist of 25,878 square feet, configured into 8 suites on 2 stories. The building was constructed in 2009, with quality finishes and accents, and is situated on approximately 3.51 acres. This is one of the nicer retail centers in the area, with strong tenants. Tenants include CVS, Subway, Porter Pizza, Pro Balance Fitness, Family Dentistry, a day spa, a dry cleaners, and a Brazilian wax parlor. The location is also strong, as the property sits on a highly trafficked corner, with 35,000 cars passing per day. The property benefits from having superb visibility from the road, and easy access due to a traffic light and multiple entrances/exits. This is a busy retail area, with the property being located across from a Publix anchored center. There are banks, restaurants, gas stations, a hotel and other retail in the immediate area. This is an established area, with a 5 mile population of 213,625 people, and an average income of $129,575. This continues to be a growing area of metro Atlanta, with population expected to grow by 8.37% over the next 5 years, while average income is expected to grow by 10.62% over the same time.

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 TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

25878

STORIES

2

YEAR BUILT

2009

SPRINKLERS

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PARKING SPACES

120

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

17-0205-LL-039-6