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8494 Highway 85
Jonesboro, GA 30238
Pointe South Corners Shopping Center · Retail Property For Sale
Investment Highlights
- 100% Leased, Anchored by Citi Trends, Family Dollar and other strong local and regional tenants.
- All Tenants remained open from COVID and are performing well.
- Vacant Outparcel included in Offering.
- Located at signalized intersection
- Long History of being well leased.
- Offered at an 8.25% Cap Rate on existing Income.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
67,412 SF
Building Class
B
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
7.51 AC
Zoning
GB, Riverdale - General Business
Parking
263 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
About 8494 HIGHWAY 85 , JONESBORO, GA 30238
This retail center sits at a signalized intersection on one of the most highly traveled corridors in metro Atlanta. The Property has a long history of being well leased with prompt paying tenants. Citi Trends has recently renovated its space into one of the proto-type stores that will be rolled out across the Nation. Family Dollar has a long history at the Center. In addition to the retail center the Property is being sold with a outparcel that can be sold.
Property Taxes
| Parcel Number | 13-0248B-00A-007 | Improvements Assessment | $1,044,280 |
| Land Assessment | $235,720 | Total Assessment | $1,280,000 |
Property Taxes
Parcel Number
13-0248B-00A-007
Land Assessment
$235,720
Improvements Assessment
$1,044,280
Total Assessment
$1,280,000
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