6205 Veterans Memorial Highway
Austell, GA
Shopping Center for Sale - $675,000 - 7,773 Sq. Ft. on 1.01 acres
Property Info
CIMLS# | 972332 |
Location 6205 Veterans Memorial Highway Austell GA 30168 | |
Updated | January 20th, 2018 |
Type | Shopping Center |
Price | $675,000 |
Building | 7,773 Sq. Ft. |
Land | 1.01 acres |
Property Description
DO NOT APPROACH TENANTS. This property provides a stable cash flow with long term tenants and recent lease extensions. This fully leased strip shopping center extended the leases on the long term existing tenants for five years in late 2017, solidifying a steady cash flow. The center was originally built by the current owner to accommodate up to seven units and currently is 100% leased to 3 tenants. The annual expenses are stable.
Location Description:
Convenient to Hwy 278 and Bankhead Hwy
Highlights:
>> 7,773 SF Multi-tenant retail investment
>> DO NOT APPROACH TENANTS
>> 100% leased to 3 tenants
>> 13K+ traffic count / 250+ feet of frontage
>> 38K+ Pop. $57K+ Avg HH Income 3 mi.
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