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386-424 Hwy 155 S 27,000 SF 94% Leased Retail Building McDonough, GA 30253 $6,500,000 ($240.74/SF) 6.31% Cap Rate
Investment Highlights
- Positioned along GA-155 S with excellent visibility and strong traffic counts, ensuring consistent customer exposure.
- Located in a high-growth trade area with proximity to major retailers, schools, and residential communities, driving steady consumer demand.
- Encompasses 27,020 square feet of retail space on a 3.35-acre lot, offering flexibility for multiple tenant configurations.
- Attractive investment opportunity supported by robust net operating income and long-term appreciation potential in a thriving commercial corridor.
Executive Summary
Introducing a remarkable value add investment opportunity at 386-424 Hwy 155 S, McDonough, GA 30253. This exceptional 27,000 sq. ft. retail space sits on a 3.35 Acre lot and offers unparalleled visibility and accessibility, ensuring high foot traffic from potential patrons. Investors will recognize the numerous ownership benefits, with high NOI potential and an ideal location for capturing local consumer demand.
Built in 2004, this well-positioned property only a half hour from Atlanta presents a fantastic chance for appreciation in a growing market. With options for flexible lease terms, this retail space attracts strong tenant interest and provides a solid foundation for a lucrative investment portfolio. Don’t miss your opportunity to capitalize on this prime retail site and secure immediate returns.
Built in 2004, this well-positioned property only a half hour from Atlanta presents a fantastic chance for appreciation in a growing market. With options for flexible lease terms, this retail space attracts strong tenant interest and provides a solid foundation for a lucrative investment portfolio. Don’t miss your opportunity to capitalize on this prime retail site and secure immediate returns.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
27,000 SF
Building Class
B
Year Built
2004
Price
$6,500,000
Price Per SF
$240.74
Cap Rate
6.31%
NOI
$410,150
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.35 AC
Zoning
C3 - commercial
Parking
151 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
259’ on GA-155 Hwy
Amenities
- Dedicated Turn Lane
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 422
- 1,750 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 422 | 1,750 SF | Retail | In-Line | Now |
422
| Size |
| 1,750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0093-01-002-001 | Improvements Assessment | $918,760 |
| Land Assessment | $700,440 | Total Assessment | $1,619,200 |
Property Taxes
Parcel Number
0093-01-002-001
Land Assessment
$700,440
Improvements Assessment
$918,760
Total Assessment
$1,619,200
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Presented by
Rore Realty
386-424 Hwy 155 S
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