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Cascade Promenade 1075 Fairburn Rd 13,278 SF 100% Leased Retail Building Atlanta, GA 30331 $5,273,500 ($397.16/SF) 6.25% Cap Rate
Investment Highlights
- The property is 100% leased.
- The property features a mark-to-market rent growth story.
- The property offers investors a stable in-place cash flow.
- The property is located across the street from a Publix-anchored shopping center.
Executive Summary
Riverwood Properties is pleased to present Cascade Promenade, a 13,278 square foot, 100% leased center located at 1075 Fairburn Road, near the intersection of Fairburn Road and Cascade Road in the City of South Fulton, Fulton County, Georgia. The center sits adjacent to Chick-fil-A and Tires Plus, and across the street from a Publix-anchored shopping center. Cascade Promenade offers investors a stable, 100% occupied in-place cash flow with a mark-to-market rent growth story.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,278 SF
Building Class
A
Year Built
2004
Price
$5,273,500
Price Per SF
$397.16
Cap Rate
6.25%
NOI
$329,599
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
3.00 AC
Zoning
C1, County
Parking
79 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
- Awning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 11
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