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Investment Highlights

  • Multi-Tenant Shopping Center
  • Atlanta MSA
  • Service Tenants | E-Commerce Resistant
  • High Traffic Counts 23,362± Vehicles Per Day
  • Granularity of Income
  • High Yield 8.5% Going in Cap-Rate

Executive Summary

This offering presents a fully leased, multi-tenant retail shopping center situated along Jonesboro Road in Forest Park, GA. The property spans approximately 7.9 acres and benefits from a prominent frontage of 352 feet on a high-traffic corridor with an average of 23,362 ± vehicles per day. Positioned within the Atlanta MSA and located less than 15 minutes from Hartsfield-Jackson International Airport, the asset offers outstanding connectivity to major transportation routes, including Interstate 75 and Interstate 285.
The center carries an attractive 8.5% cap rate and features diverse service-oriented tenants resistant to e-commerce trends, ensuring consistent revenue streams. With granularity of income across multiple tenancy, investors gain stability paired with scalable upside potential, enabling potential tax benefits under current federal guidelines. Additional attributes include ample onsite parking with 515 spaces, a dedicated turn lane, pylon signage, and accessibility to public transportation.
Improvements to the property received significant updates in 2005, creating a functional retail setting within a strong South Metro submarket. This region continues to experience economic growth fueled by logistics hubs, redevelopment projects, and expanding consumer demand. This acquisition represents a rare chance to secure a high-yield retail asset offering long-term income security and geographic advantages amid Atlanta’s resilient marketplace.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
87,767 SF
Building Class
C
Year Built/Renovated
1973/2005
Price
$4,600,000
Price Per SF
$52.41
Cap Rate
8.50%
NOI
$391,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
7.79 AC
Opportunity Zone
Yes
Zoning
GP, Forest Park - Retail
Parking
515 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
352’ on Jonesboro Rd

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
13-0015D-00C-007
Land Assessment
$339,320
Improvements Assessment
$612,000
Total Assessment
$951,320
  • Listing ID: 40918535

  • Date on Market: 6/14/2026

  • Last Updated:

  • Address: 4140 Jonesboro Rd, Forest Park, GA 30297

Contact the Sale Advisor

Shopping Center 8.5% Cap Rate (Atlanta MSA) | 4140 Jonesboro Rd

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