2685 Highway 42 North, McDonough, GA
Shopping Center for Sale - $750,000 - 9,000 Sq. Ft. on 0.99 acres
Property Info
CIMLS# | 960980 |
Location 2685 Highway 42 North McDonough GA 30253 | |
Updated | January 17th, 2018 |
Type | Shopping Center |
Price | $750,000 |
Building | 9,000 Sq. Ft. |
Land | 0.99 acres |
Property Description
The subject is a 9,000 SF multi-tenant building situated on 0.99 acres of land zoned C-2 in the McDonough/Butts Retail Submarket. The center has about 17,000 cars per day annual average daily traffic along Hwy 42 N.
Location Description:
Property frontage on Hwy 42 N is via a shared curb cut of a right-in-right out access and a raised median to a 4-lane divided highway with turn lanes. The property is visible from a four way signalized intersection with Eagles Landing Parkway one block north, which provides direct access to I-75 about 2.5 miles west of the subject property.
Highlights:
>> 9,000 SF multi-tenant retail strip center
>> Offered at a 8.6% cap rate
>> Situated on 0.99 acres of land zoned C-2
>> Property frontage on Highway 42 N via shared curb cut of a right-in-right-out access
>> Visible from a four-way signalized intersection with Eagles Landing Parkway
>> Easy access to I-75
>> The property is in a high-traffic area with over 17,000 cars per day on Highway 42 North
>> High average household incomes within 3 miles at $83,402
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