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281 Upper Riverdale Rd 80,160 SF Retail Building Jonesboro, GA 30236 $8,000,000 ($99.80/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Tara Blvd (U.S. Route 19/41) intersects with I-75 at Exit 235, providing direct access to one of Georgia’s busiest interstate corridors.
- The interchange at Exit 235 connects travelers to nearby cities like Jonesboro, Morrow, and Forest Park, and is just minutes from Hartsfield-Jackson
- I-75 is a major north-south artery running from Michigan to Florida, with heavy daily traffic.
- The corridor is lined with retail centers, fast food chains, gas stations, and service businesses, benefiting from both local and interstate traffic.
EXECUTIVE SUMMARY
Prime Commercial Property & Business Opportunity – 281 Upper Riverdale Rd SE, Jonesboro, GA
Outstanding opportunity to acquire an 80,000± SF commercial building currently occupied by a long-established fine fabrics business.
This versatile property offers excellent visibility, signage, and frontage along busy Upper Riverdale Road, with convenient access to I-75 and the Atlanta metro area.
The property features a spacious retail showroom, warehouse and storage areas, and ample on-site parking, making it ideal for retail, wholesale, design showroom, or light distribution uses.
The owner is open to selling:
- Building Only
- Business Only (Fine fabrics operation – offered at $6.5 million), or
- Building + Business Together as a turnkey package
Highlights:
Total Building Area: 80,000 SF | Single Story
Property Type: Retail – Showroom / Specialty Retail
Occupancy: 100% (Fine Fabrics Tenant)
Zoning: GB (Class: C3 - Discount Department Store)
Availability: Subject to tenant occupancy and closing date (calendar date entered for system purposes only)
Sale Condition: Standard sale (not foreclosure, short sale, or auction)
Investment or Owner-User Options:
Buyers may continue leasing to the existing business for income or acquire both real estate and operating business for full owner control. The seller is flexible depending on buyer’s goals.
Outstanding opportunity to acquire an 80,000± SF commercial building currently occupied by a long-established fine fabrics business.
This versatile property offers excellent visibility, signage, and frontage along busy Upper Riverdale Road, with convenient access to I-75 and the Atlanta metro area.
The property features a spacious retail showroom, warehouse and storage areas, and ample on-site parking, making it ideal for retail, wholesale, design showroom, or light distribution uses.
The owner is open to selling:
- Building Only
- Business Only (Fine fabrics operation – offered at $6.5 million), or
- Building + Business Together as a turnkey package
Highlights:
Total Building Area: 80,000 SF | Single Story
Property Type: Retail – Showroom / Specialty Retail
Occupancy: 100% (Fine Fabrics Tenant)
Zoning: GB (Class: C3 - Discount Department Store)
Availability: Subject to tenant occupancy and closing date (calendar date entered for system purposes only)
Sale Condition: Standard sale (not foreclosure, short sale, or auction)
Investment or Owner-User Options:
Buyers may continue leasing to the existing business for income or acquire both real estate and operating business for full owner control. The seller is flexible depending on buyer’s goals.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
80,160 SF
Building Class
C
Year Built/Renovated
1986/2022
Price
$8,000,000
Price Per SF
$99.80
Cap Rate
8.50%
NOI
$680,000
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.74
Lot Size
2.50 AC
Opportunity Zone
Yes
Zoning
GB - General Business District (GB) zoning allows a wide range of commercial uses including retail sales, showrooms, offices, and service establishments.
AMENITIES
- Security System
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-0141B-00A-005 | Improvements Assessment | $1,882,640 |
| Land Assessment | $87,040 | Total Assessment | $1,969,680 |
PROPERTY TAXES
Parcel Number
13-0141B-00A-005
Land Assessment
$87,040
Improvements Assessment
$1,882,640
Total Assessment
$1,969,680
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281 Upper Riverdale Rd
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