6489 Tara Blvd - Freestanding FOR SALE


Jonesboro, GA 30236
$1,400,000 USD
864-233-2007
6489 Tara Blvd, Jonesboro, GA for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/3
null | 7.24% Cap Rate

6489 Tara Blvd
Jonesboro, GA 30236


HIGHLIGHTS

  • Prime Frontage Along High Traffic Corridor – Located directly on Tara Boulevard, a major commercial artery with ±70,000 vehicles per day
  • Under Market Rent with Strong Upside – Current Dollar General rent is significantly below the Jonesboro submarket average of ~$15/SF
  • Value-Add Through Demising – The building layout offers flexibility to subdivide the space into multiple units
  • Expansion Potential – The property sits on a sizable 0.77-acre lot, providing room for future building expansion, pad development, or added parking
  • Supplemental Income Via ATM – A Wells Fargo ATM on-site generates additional cash flow and serves as a traffic driver
  • Strong Dollar General Performance – Ranked in the top 87th% percentile in the nation and ranked in the top 86th % percentile in the state

OVERVIEW

Broker of Record Bill Pedersen License No. 80041 (GA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

7.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

GB

APN/PARCEL ID

13-0142D-00E-004

ASK ABOUT THIS PROPERTY

Drew MilamMatthews Real Estate Investment ServicesMore Info
864-233-2007

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Drew MilamMatthews Real Estate Investment ServicesMore Info
864-233-2007

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