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- LoopNet Team
8200 Mall Pky
Lithonia, GA 30038
Shops at Turner Hill · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- • Internet resistant tenant lineup of restaurants, healthcare, and services
- • Visibility and access are excellent
- • Located at signalized hard corner
- • Strong traffic counts of over 17,000 in front of center and over 111,000 on I-20
- • Center located in the Atlanta MSA and benefits from continued growth of the Atlanta Market
- • Scheduled NOI growth through rent bumps and options
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
ABOUT 8200 MALL PKY , LITHONIA, GA 30038
The Palomar Group is pleased to present Shoppes at Turner Hill, a multitenant investment opportunity in the Atlanta, GA MSA.? The Shoppes at Turner Hill is a 32,200 square-foot retail shopping center consisting of national tenants Panera Bread and Xfinity (Comcast).? The center is situated on a hard corner on a major retail corridor with major national retailers in the immediate area, including Walmart. The center has been meticulously maintained since it was constructed in 2003 and is a striking presence thanks to its clean facade and landscaping.? The location has excellent visibility from the signalized intersection along the major thoroughfare leading to Interstate 20.? Strong leasing momentum has brought in three (3) new tenants and three (3) lease extensions in 2020.? Leases have been extended and negotiated so that all tenants are NNN; the center recoups 95% of all expenses.? Minimal impact to the center from COVID-19.? The Shoppes at Turner Hill is an excellent opportunity to acquire a healthy, stable multitenant shopping center in the Atlanta MSA.??
PROPERTY TAXES
| Parcel Number | 16-182-05-001 | Improvements Assessment | $1,874,550 |
| Land Assessment | $624,850 | Total Assessment | $2,499,400 |
PROPERTY TAXES
