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6523 Highway 85 Plaza 6523 Highway 85 12,600 SF 23% Leased Retail Building Riverdale, GA 30274 $1,404,000 ($111.43/SF) 12% Cap Rate
EXECUTIVE SUMMARY
Recently renovated and leasing! Space currently available for new Tenants or Owner-User.
Owner to offer a master lease on vacant spaces for a period of 1 year from date of closing. Call broker for details.
Owner to offer a master lease on vacant spaces for a period of 1 year from date of closing. Call broker for details.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
12,600 SF
Building Class
C
Year Built/Renovated
1973/2024
Price
$1,404,000
Price Per SF
$111.43
Cap Rate
12%
NOI
$168,525
Percent Leased
23%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.33 AC
Zoning
GB - General Business
Parking
65 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
130’ on Ga-85 Hwy
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-0138D-00F-003 | Improvements Assessment | $238,720 |
| Land Assessment | $44,120 | Total Assessment | $282,840 |
PROPERTY TAXES
Parcel Number
13-0138D-00F-003
Land Assessment
$44,120
Improvements Assessment
$238,720
Total Assessment
$282,840
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6523 Highway 85 Plaza | 6523 Highway 85
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