Historical Retail Sale Listing - Shannon Square

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Shannon Square

4720 Jonesboro Road, Union City, GA 30291

N/A

100,002 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
100,002 SF
Property Type:
Retail
Property Sub-type:
Community Center
Property Use Type:
Investment
Cap Rate:
10%
Occupancy:
74%
Tenancy:
Multiple
Lot Size:
11.50 AC
Listing ID
16609837
Last Updated
over 1 year ago

Description

Shannon Square is a strip center anchored by Farmers Home Furniture, Citi Trends and Dollar Tree and shadow anchored by Unclaimed Freight. The owned Property totals 100,002 sf with 22 bays of which 14 are currently occupied plus a Blockbuster outparcel. Shannon Square is an excellent value-add opportunity given its 8 vacant in-line spaces, as well as its proximity to Atlanta' s airport and prime location within in the Union City retail corridor.

The Property is located along Jonesboro Road/Highway 138 in Union City, approximately seven miles south of the world' s busiest airport, Hartsfield-Jackson Atlanta International Airport, just south of Atlanta' s CBD. Walmart relocated directly across the street moving out of Shannon Square in order to expand into a Walmart Supercenter and serves as the heart of the retail corridor along with Union Station Mall (formerly Shannon Mall) anchored by Macy' s and Sears.

Map of 4720 Jonesboro Road, Union City, GA 30291 (Fulton County)

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