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International Plaza 4827-4903 Old National Hwy 160,836 SF 86% Leased Retail Building College Park, GA 30337 $10,100,000 ($62.80/SF) 8% Cap Rate



Investment Highlights
- Stable 94.96% occupancy.
- 20 acres strategically located on Old National Highway at the convergence of I - 85 and 285 - Unreplaceable location near airport.
- 8% cap rate on existing income.
- Opportunity to increase NOI by growing the current below market rates.
- 20 acres of underlying land has a value equal to or above list price.
Executive Summary
Multi-tenant retail shopping center strategically located along Old National Highway and the convergence of Interstate 85 and 285. Exceptional visibility, accessibility and exposure in one of south metro Atlanta's most active commercial corridors. Property is 94.96% occupied allowing an investor to receive a strong initial return of an 8% cap rate. The stategic location of the center located at the airport has a land value equal to or greater than the list price.
Property Facts
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Aalish Andarbar
- Accommodation and Food Services
- -
- $25.00
- Triple Net
- Oct 2030
- Airport Athletic Club
- Arts, Entertainment, and Recreation
- -
- $10.00
- Triple Net
- Feb 2031
- ATL Stations Sports Bar
- Accommodation and Food Services
- -
- $20.00
- Triple Net
- Sep 2029
Central Station Sports Restaurant has used the Central Station Sports Cafe name since at least 2019, reflecting a hospitality concept built around casual dining and social gatherings. The business functions as a sports bar and restaurant in College Park, Georgia, with food service, drinks, live music, and pool tables. The operation offers a menu with delivery and takeout options, reinforcing a neighborhood food-and-entertainment model. The business centers on game-day viewing and event-oriented service rather than a traditional full-service dining format.
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Jamerican Bar & Grill is a Caribbean-inspired bar and grill that combines Jamaican and American flavors with a casual dining and nightlife setting. The restaurant serves dishes such as jerk chicken, oxtail, curry goat, burgers, wings, seafood, sides, desserts, and drinks across food, bar service, and takeout. Jamerican Bar & Grill operates in the College Park area of Georgia and offers a mix of restaurant and lounge-style settings within the broader hospitality industry.
- Knockouts Bar & Lounge
- Accommodation and Food Services
- -
- -
- -
- Oct 2025
M&S Menswear Outlet is a longstanding menswear retailer in College Park, Georgia, with an online shop and a physical storefront. The company sells suits, clergy fashion, hats, shoes, shirts, pants, ties, blazers, and casual wear, reflecting a clear focus on apparel and footwear for formal and everyday use. Its market presence combines local retail service with web-based shopping, giving the business a straightforward outlet model centered on men's clothing and accessories. The business operates across the clothing, men's clothing, outlet, and shoe store categories, reinforcing a multi-category menswear focus.
Savannah Event Center operates as an all-purpose event hall in College Park, Georgia, serving private celebrations and business gatherings. The company focuses on weddings, anniversaries, birthday parties, meetings, and conferences, with a flexible venue setup that includes a breakout room and parking for guests. Savannah Event Center has been managed by hospitality professionals with backgrounds at Hilton and Marriott, shaping the business around event hosting and guest services for the broader Atlanta area.
Zab-E-Lee began in College Park as a restaurant built around bringing Indian and Thai food together in one kitchen, with an emphasis on fresh cooking and meals prepared daily. The company serves Thai and Indian cuisine and includes dishes such as curries, pad thai, tandoori dishes, stir-fries, noodles, rice plates, and boba drinks. Zab-E-Lee also offers pickup and delivery, reservations, and catering for corporate events, private parties, weddings, and similar gatherings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Aalish Andarbar | Accommodation and Food Services | - | $25.00 | Triple Net | Oct 2030 | |
| Airport Athletic Club | Arts, Entertainment, and Recreation | - | $10.00 | Triple Net | Feb 2031 | |
| ATL Stations Sports Bar | Accommodation and Food Services | - | $20.00 | Triple Net | Sep 2029 | |
|
Accommodation and Food Services | - | - | - | - | |
|
Arts, Entertainment, and Recreation | - | - | Triple Net | Oct 2028 | |
|
Accommodation and Food Services | - | - | Triple Net | - | |
| Knockouts Bar & Lounge | Accommodation and Food Services | - | - | - | Oct 2025 | |
|
Retailer | - | - | - | - | |
|
Accommodation and Food Services | - | - | - | - | |
|
Accommodation and Food Services | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 4817
- 8,100 SF
- Retail
- In-Line
- Now
- 4825
- 1,600 SF
- Retail
- In-Line
- 90 Days
- 4855B
- 15,000 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 4817 | 8,100 SF | Retail | In-Line | Now |
| 4825 | 1,600 SF | Retail | In-Line | 90 Days |
| 4855B | 15,000 SF | Retail | In-Line | Now |
4817
| Size |
| 8,100 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
4825
| Size |
| 1,600 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 90 Days |
4855B
| Size |
| 15,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-0061-LL-182-6 | Improvements Assessment | $1,506,840 |
| Land Assessment | $1,171,400 | Total Assessment | $2,678,240 |
Property Taxes
Presented by
International Plaza | 4827-4903 Old National Hwy
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