216-230 Bullsboro Dr | Newnan, GA 30263
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- LoopNet Team
216-230 Bullsboro Dr
Newnan, GA 30263
Shenandoah Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EXTREMELY RESILIENT TENANT ROSTER WITH 90.6% OF SCHEDULED RENT COLLECTED through April and May, and full scheduled rent expected to be paid in June
- SYNERGISTIC NATIONAL ANCHOR LINE-UP INCL BIG LOTS, DOLLAR GENERAL, & THE #1 GOODWILL within 30 miles (top 11% of stores in the U.S. for foot traffic
- 70.8% NATIONAL ANCHOR BASE WITH 93.7% NATIONAL TENANTS currently occupying the GLA
- OFFERING INCL A VALUABLE OUTPARCEL PAD & 2 DEVELOPABLE PAD SITES, situated alongside Krystal (NAP) and the 408th busiest Taco Bell of 6,167 nationally
- SITUATED ALONG A HIGH-TRAFFIC CORRIDOR (53,900 VPD) WITHIN THE ATLANTA, GA MSA – the Capital of the Southeast, and 10th largest economy in the world
- MAJOR VALUE-ADD OPPORTUNITY via the lease-up of 23,495± SF of in-line space, building off recent renewals of Big Lots & Dollar General in 2018 & 2019
PROPERTY FACTS
Property Type
Retail
Building Size
146,121 SF
Building Class
C
Year Built/Renovated
1987/2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
8.64 AC
Zoning
C-4 - Commercial
Parking
700 Spaces (5.71 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | N57-C-004 | Improvements Assessment | $3,450,330 |
| Land Assessment | $617,032 | Total Assessment | $4,067,362 |
PROPERTY TAXES
Parcel Number
N57-C-004
Land Assessment
$617,032
Improvements Assessment
$3,450,330
Total Assessment
$4,067,362
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