Listing Courtesy of: Shermine Khakiani - Keller Williams Realty Atl. Partners
4044553925
$2,100,000
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4421 Glenwood Road Decatur, GA 30032
Retail
Residence
Beds
Baths
...
Bed/Bath
10,467
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
This is an excellent opportunity for an investor to acquire a fully stabilized shopping center onto their investment portfolio. Offering a current 7% Cap Rate in a very fast-growing area. Constructed in 2007 with quality, Austin Plaza is a 10,467-square-foot shopping center situated on 1.45 acres wi...th 7 total units and a freestanding billboard. Long-term tenants on triple NNN leases with a yearly minimum 3% escalation on all leases. With over 300 feet of road frontage, the center has outstanding visibility and direct access to Glenwood Road (23,094 VPD). Building construction consists of all brick siding and glass/aluminum-frame storefronts. The subject property offers significant upside potential, making it a lucrative investment opportunity poised for strong cash flow and value appreciation.
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MLS#
10439756
Property Type
Retail
Year Built
2007
Square Feet
10,467
sq. ft
Lot Size
1.4
Sewer
Public Sewer, Sewer Available
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