Stratford at Lovejoy Village 10459 Tara Blvd 11,100 SF 100% Leased Retail Building Jonesboro, GA 30236 $2,040,000 ($183.78/SF) 7% Cap Rate

Stratford at Lovejoy Village is an 11,100-square-foot unanchored Kroger shadow retail center located along Tara Boulevard in Jonesboro, Georgia, within the Atlanta MSA. The property features a diversified mix of service, restaurant, beauty, and entertainment tenants that generate consistent daily traffic and are largely resistant to e-commerce disruption. Positioned within the Kroger-anchored Lovejoy Village retail node, the center benefits from over 1.3 million annual visits and is surrounded by national retailers and neighborhood-serving businesses that drive steady consumer activity throughout the corridor.
The property is positioned along Tara Boulevard, a primary retail corridor with traffic counts exceeding 47,000 vehicles per day. Most in-place rents are below current market levels, offering investors the opportunity to capture rental upside over time. Additionally, all leases include contractual rent increases, providing built-in income growth for future ownership. Stratford at Lovejoy Village offers investors the opportunity to acquire a well-located neighborhood retail asset supported by strong surrounding demographics, with population projected to exceed 111,000 residents within a five-mile radius and average household income expected to surpass $101,000 within five years.