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Monroe Crossing Shopping Center 2 Retail Properties Offered at $6,900,000 in Monroe, GA
INVESTMENT HIGHLIGHTS
- Rare Walmart/Home Depot shadow anchored strip centers leased well below market rates
- Located directly across the street from 77 bed Piedmont Hospital
- Property and submarket benefit from student traffic between Atlanta and Athens travelling to University of Georgia.
- Fully leased - historically strong performing retail center in high growth submarket
- Dollar Tree and Aaron’s have operated at this location since it was developed in 2005. Aaron’s renewed in 2025, showing long-term commitment
- Traffic Counts: 17,000+ cars travel daily past the property on West Spring Street, and 17,000+ on Ernest M.L.K. Jr. Boulevard
EXECUTIVE SUMMARY
Harrison Properties Brokerage is pleased to exclusively offer for sale Monroe Crossing, a 33,000 SF shopping center investment opportunity located at 2120 W Spring St in Monroe, GA. This opportunity includes two Walmart and Home Depot shadow anchored multi-tenant strip centers occupied by nationally recognized operators including Dollar Tree, Aaron’s Rents, City Gear and Benchmark Physical Therapy, as well as other strong local operators. The property sits directly off of a busy Hwy 78 exit, with frontage on the main retail node through Monroe, Georgia. Please reach out to learn more about this dynamic multi-tenant retail investment opportunity.
PROPERTY FACTS
| Price | $6,900,000 | Number of Properties | 2 |
| Price / SF | $195.88 / SF | Individually For Sale | 0 |
| Cap Rate | 6.65% | Total Building Size | 35,225 SF |
| Sale Type | Investment or Owner User | Total Land Area | 8.66 AC |
| Status | Active |
| Price | $6,900,000 |
| Price / SF | $195.88 / SF |
| Cap Rate | 6.65% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 35,225 SF |
| Total Land Area | 8.66 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building 1
2120 W Spring St, Monroe, GA 30655 |
Retail | 21,810 SF | 2005 | - |
|
Building 2
2120 W Spring St, Monroe, GA 30655 |
Retail | 13,415 SF | 2006 | - |
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Monroe Crossing Shopping Center
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