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6670 Merchants Way
Morrow, GA 30260
Office Property For Sale
Investment Highlights
- Significant value-add return on lease up: Replaceable market rent of $22-24.RSF FSG or $15.50/RSF NNN, which on 19,015 RSF yields $294,732 NOI.
- Located in busy retail corridor near I-75 ramp access (Jonesboro Rd exit) | Jonesboro Rd sees over 35,000 VPD
- Surrounded by Merchants Way & Mt. Zion Road, each with 21,000 VPD
- 2011 Class A construction built to suit for SSA | Built to LEED Silver specifications
- Out-parcel to Macy’s-anchored Southlake Mall
- Parking lot completely upgraded in 2014 to accommodate additional SSA parking space needs
Property Facts
Property Type
Office
Building Size
19,015 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Typical Floor Size
19,015 SF
Building FAR
0.21
Lot Size
2.11 AC
Zoning
GB - General Business
Parking
83 Spaces (4.36 Spaces per 1,000 SF Leased)
Amenities
- Fully Carpeted
- High Ceilings
- Air Conditioning
About 6670 MERCHANTS WAY , MORROW, GA 30260
Marcus & Millichap is pleased to present for purchase this 19,015 SF, 2011 built-to-suit SSA office in Marrow, Georgia. The office was built to LEED Silver specifications but is not LEED Certified and is an outparcel to Macy’s-anchored Southlake Mall. Immediate area tenants include SunTrust Bank, Bank of America, Fidelity Bank, Pearle Vision, Southern Smiles Dental Associates, FIAT Showroom and Olive Garden. Subject property is conveniently located off of I-75 at the Jonesboro Rd. exit. The parking lot was completely redone in 2014 to accommodate additional SSA parking space needs.
Property Taxes
| Parcel Number | 12-0112A-00A-033 | Improvements Assessment | $1,447,560 |
| Land Assessment | $110,280 | Total Assessment | $1,557,840 |
Property Taxes
Parcel Number
12-0112A-00A-033
Land Assessment
$110,280
Improvements Assessment
$1,447,560
Total Assessment
$1,557,840
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