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1150-1174 N Main St
Cedartown, GA 30125
Redmond Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
52,614 SF
Building Class
C
Year Built/Renovated
1988/1998
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
10.14 AC

ABOUT 1150-1174 N MAIN ST , CEDARTOWN, GA 30125

Marcus & Millichap is pleased to present Redmond Plaza located in Cedartown, Georgia. This 52,614-square-foot shopping center is comprised of seven tenants situated on a large 15.81-acre parcel with a signalized intersection. The buildings include an anchored Dollar General Market and Charter Communications as well as five other regional, long-term tenants. The property offers great access and visibility along Rome Highway as well as side access to E. John Hand Road which, combined, experience traffic counts in excess of 14,500 vehicles per day (VPD). Redmond Plaza provides 263 free surface parking spaces as well as rear delivery access for all buildings. Currently the property is 100 percent occupied. Three of the tenants are month-to-month leases. Included with the purchase of the shopping center are three outparcels which are 0.80+/- acres and one outparcel which is 0.60+/- acres. This is a true value-add opportunity with significant upside through outparcel development. Cedartown is situated just 72 miles northwest of Atlanta. Within five miles of the property, the population exceeds 20,000 and within one mile, the average household income is $61,000. This parcel is surrounded by a mixture of local, regional and national commercial properties including retail stores, grocery stores, banks and hotels. The property offers easy ingress and egress at three points of the parking lot.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029-017B
Land Assessment
$19,920
Improvements Assessment
$0
Total Assessment
$19,920
  • Listing ID: 14873315

  • Date on Market: 1/15/2019

  • Last Updated:

  • Address: 1150-1174 N Main St, Cedartown, GA 30125

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