105 Promenade Parkway, Fayetteville, GA

Shopping Center for Sale ‐ $2,650,000 ‐ 31,390 Sq. Ft. on 3.15 acres

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
Building Size31,390 Sq. Ft.
Lot Size3.15 acres

Contact


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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