Property Listing No Longer Available for Sale

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
UpdatedJanuary 20th, 2018
TypeShopping Center
Price$675,000
Building7,773 Sq. Ft.
Land1.01 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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Financials