This Retail Property is Off-Market.

4331 Brownsville Road
Powder Springs, GA 30127 ·

47,780 SF · Retail For Sale

N/A

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Seller Financing Available!;$27/sf!; Metro Atlanta

Price N/A Commission Split 3%
Building Size 47,780 SF No. Stories 1
Property Type Retail Tenancy Multiple
Property Sub-type
Anchor
More...
  • Self/ Mini-Storage Facility
  • Free Standing Bldg
  • Religious Facility
Lot Size 6.03 AC
Property Use Type Investment Parking Ratio 5 / 1,000 SF
Distressed Yes
Listing ID: 16533546 Date Created: 01/15/2010 Last Updated: 06/08/2011

Description

At only $28/sf and well below replacement cost, this 47,780 sf former Grocery building is located in a northwest Atlanta suburb and provides an excellent opportunity for another grocery store operation. Other potential uses include Fitness Center, Family Entertainment, Discount Store, Furniture Store, and a variety of commercial uses; with special use permit approval Self Storage or light manufacturing. Located on a corner of a major highway with daily traffic counts in excess of 28k on Hwy 278 and 15k on Brownsville Road. The property has excellent signage, and is located across the street from a Kroger anchored center. The 2008 tax value was $3,687,300. The building could be demised into multi-tenant, or is perfect for a single user that needs the open space, dock doors, and storage. The top position of the prominent pylon sign on Hwy 278 goes with the buiding. An additional free-standing plyon is also located at the Brownsville Road entrance. POTENTIAL Outparcel with value in excess of $250k!!

Located at the corner of Hwy 278 and Brownsville Road, with the main access point to the property is at an entrance off Brownsville Road, plus an additional access off Oglesby Road. US Hwy 278 (Charles James Pkwy) is the major roadway in the area, connecting to I-20. The immediate area is established and growing residential. A Kroger anchored center is located across the street and a small unanchored retail center is directly adjacent to the subject property.

Highlights

  • 2008 Tax Value $3,687,300
  • Ideal Owner / User Opportunity
  • Seller Financing Available
  • Potential Outpacel with value in excess of $250k
  • WELL Below Replacement Value at only $28/sf
  • Other potential uses with special permit include Self-Storage or Light Manufacturing

Research

4331 Brownsville Road, Powder Springs, GA 30127 (Cobb County)

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