9880 Main Street, Woodstock, GA

Shopping Center for Sale - $2,284,000 - 14,000 Sq. Ft. on 1.4 acres

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #965460
Location9880 Main Street
Woodstock GA 30188
Last UpdatedOctober 30th, 2017
TypeShopping Center
Price$2,284,000
Building14,000 Sq. Ft.
Land1.4 acres

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Property Description

Opportunity to acquire a 7.5% cap rate fully occupied auto retail strip center. The 14,000 SF building has 3 tenants including a new 7 year lease with Parts Authority. The low maintenance single story building is constructed of brick veneer, EFIS-finished exterior walls and a metal roof.

The property is well located in Woodstock. Woodstock was named "one of the top 50 places to live" in 2015 by Money Magazine. The city is ranked ninth in the state's top 10 fastest growing cities, seeing a population increase of 7.6%. Attributing to its popularity is its proximity to Downtown Atlanta, affordable housing and strong job growth.

Location Description:

The property is well located in Woodstock. Woodstock was named "one of the top 50 places to live" in 2015 by Money Magazine. The city is ranked ninth in the state's top 10 fastest growing cities, seeing a population increase of 7.6%. Attributing to its popularity is its proximity to Downtown Atlanta, affordable housing and strong job growth.

Highlights:

>> 7.5% cap rate, fully occupied

>> NOI: $171,322

>> Low maintenance, metal roof, brick & EFIS

>> Resurfaced & striped parking lot on Sept. 24

>> 1.4 acre site with 300' frontage on Main Street

>> Parts Authority has 78 U.S. locations

>> 23,810 vehicles per day traffic count Main St

>> Lighted monument sign

>> 14-15' ceilings

>> 11 drive-in doors

>> Strong rental history

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