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3492-3512 Washington Rd
East Point, GA 30344
Williamsburg Shopping Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Priced at a 7.81% CAP (Blended) on Existing Income
  • TWO credit tenants have 13 & 18 years left on lease and account for 70% of center
  • 10 Year IRR is 17.18% with UPSIDE in rents to obtain over 30%
  • 100% Occupied with Low Rent of $6.00-$12.00 PSF
  • Cash on Cash is 12.56%

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
42,700 SF
Building Class
C
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.26
Lot Size
3.80 AC
Zoning
C1, East Point - Commercial
Parking
317 Spaces (7.42 Spaces per 1,000 SF Leased)
Frontage
401’ on Charles Dr

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-0194-0001-074-1
Land Assessment
$515,040
Improvements Assessment
$184,960
Total Assessment
$700,000
  • Listing ID: 21499887

  • Date on Market: 11/13/2020

  • Last Updated:

  • Address: 3492-3512 Washington Rd, East Point, GA 30344

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