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216-230 Bullsboro Dr
Newnan, GA 30263
Major Value-Add | 69% Occ. · Retail Property For Sale

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

ABOUT 216-230 BULLSBORO DR , NEWNAN, GA 30263

SRS Southeast Investment Sales as exclusive broker, is pleased to offer Shenandoah Plaza - a 146,121 +/- square foot community center anchored by Big Lots, Goodwill and Dollar General - located within the Atlanta, GA MSA. The three national retailers Big Lots, Goodwill and Dollar General which are some of the most well-known and highly-trafficked purveyors of discount goods in the country. Having been established as Newnan' s low-cost provider shopping destination, the Center has a notable synergy which makes it a one-stop shopping destination for value-minded customers. With Ashley Park commanding the highest rents in the area directly across the street, Shenandoah Plaza is uniquely positioned to offer tenants a lower rent alternative but with the associated regional consumer draw generated by Ashley Park for the entire Bullsboro Dr retail corridor. Shenandoah Plaza is very well-located in the trade area, just across Bullsboro Dr (GA-34) from one of the three main points of access to Ashley Park. Ashley Park is a regional open-air shopping center, which is home to noteworthy retailers like Belk, Barnes & Noble, Best Buy, Dillard' s, Dick' s Sporting Goods, Regal Cinemas, DSW and more. It is the only major regional shopping destination (mall or lifestyle center) within a radius of 15 miles, and it therefore serves as one of the primary shopping destinations for all of Coweta County and southwestern Atlanta. Ashley Park continues to expand as more and more national retailers look to this location as a major opportunity. Shenandoah Plaza' s position across the street from Ashley Park gives it a superb advantage in the sub-market to benefit from the customer draw created by the open-air shopping center as well as the traffic generated along this retail corridor. Other major retailers in the area include Home Depot, PetSmart, Kohl' s, BJ' s, JCPenney, Lowe' s, Hobby Lobby, Walmart, Kroger, Target, Gander Mtn., T.J.Maxx, Old Navy, HomeGoods and Publix.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N57-C-004
Land Assessment
$617,032
Improvements Assessment
$3,450,330
Total Assessment
$4,067,362
  • Listing ID: 5792420

  • Date on Market: 2/8/2017

  • Last Updated:

  • Address: 216-230 Bullsboro Dr, Newnan, GA 30263

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