105 Promenade Parkway, Fayetteville GA

Shopping Center for Sale - $2,650,000

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #959716
Location105 Promenade Parkway
Fayetteville GA 30214
Last UpdatedJuly 12th, 2017
TypeShopping Center
Price$2,650,000

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Property Description

Excellent investment property located on heavily traveled Hwy 85 in Fayetteville just south of the world's busiest airport. Fayetteville Promenade features a few credit tenants, several smaller businesses and is surrounded by numerous retail tenants including Goodwill, Home Depot, Target, and Walmart. This property has retail street frontage with great exposure and a separate building that features space ideal for office or medial use. Ample upside and value add available for the right buyer looking for retail in a once again growing South Atlanta Suburban market. Fedex has been a long term tenant since 2000 with several extensions built in and Ben’s For Less just resigned a new lease through the year 2023.

Location Description:

Fayettteville Promenade is located in the heavy commercial district in Fayetteville, GA. The property is just north of Fayetteville Pavillion, a large retail mall in South Atlanta.

Highlights:

>> Long term tenants

>> Shadowed by numerous national tenants

>> Heavy traffic area

>> Dense retail trade area

>> Stable in-place rent with great upside potential

>> Great suburban market

>> Well-maintained building

>> Highly visible location

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