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1887 Jonesboro Rd
McDonough, GA 30253
Eggs Up Grill/MassageLuXe @ Henry Marketplace · Retail Property For Sale
Investment Highlights
- New 2024 Construction - Freestanding 6,000 SF Building | New 10 Year NNN Leases Signed for Eggs Up Grill & MassageLuXe (Franchise Operators)
- #1 Ranked Location Nationally for MassageLuXe (4.8 of 5 Stars - Google Reviews) | Eggs Up Grill Indicate Excellent Sales (4.5 of 5 Stars - Google)
- Within Henry Marketplace - Collection of Over 200k+ SF of Freestanding & Inline Shopping Featuring Destination Retailers & Restaurants
- $1/Square Foot Annual Rent Increases | Well Below Market Rent for New Retail Construction - Only $29/SF | Highly Replaceable Rent
- Nearly $2M Total Invested By Tenants in Interior Build-Out and Finish | Multiple Personal Guarantees
- Over 1,000+ Class A Residential and SFR Units Recently Completed or Under Construction In Immediate Walking Distance
Executive Summary
Eggs Up Grill + MassageLuXe at Henry Marketplace features a newly constructed, freestanding 6,000 SF building completed in 2024. Strategically located within Henry Marketplace—a vibrant retail hub with over 200,000 SF of freestanding and inline shopping—the property bene?ts from high visibility and robust customer traf?c. Positioned just one block west of I-75 and across from Henry Town Center, which ranks in the top 15% of U.S. power centers with over 7.23 million annual visits, this location is surrounded by major retailers including Floor & Decor, Dick’s Sporting Goods, Best Buy, and Sam’s Club. This investment combines strong tenants, favorable lease terms, and a strategic location in a high-growth market, making it an attractive and secure opportunity for investors seeking stable returns with upside potential.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
2024
Price
$2,750,000
Price Per SF
$458.33
Cap Rate
6.41%
NOI
$176,275
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.07 AC
Zoning
C3 - General Commercial
Parking
44 Spaces (7.33 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0054-01-029-001 | Improvements Assessment | $432,320 |
| Land Assessment | $227,200 | Total Assessment | $659,520 |
Property Taxes
Parcel Number
0054-01-029-001
Land Assessment
$227,200
Improvements Assessment
$432,320
Total Assessment
$659,520
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