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6459 HIGHWAY 42 Rex GA 30273-1718

[Locked] • APN 12120C A001

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Details
Property Type Retail
Sub Type Shopping Center
Building SqFt 63,548
Lot SqFt 397,689
Acreage ******
Number of Units 17
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code GB
Year Built 1991
Building Count 1
Opportunity Zone No
Lease Type ******
Mortgage Amount ******
Mortgage Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description

Licensed Auctioneer of Record: Stephen Dawson GA AU004630.

For registration requirements and regulations, please review here or contact Alexsis Wolfson | 949-799-4658 | aaguirre@crexi.com.

Property tours are available by appointment only. Please contact the listing broker to schedule a tour.

Creekwood Village Shopping Center, (the “Property”), is a grocery-anchored retail neighborhood center totaling 69,778 SF conveniently located in Rex, GA, a part of the Atlanta MSA. The property is stabilized and offers the ability to add value by leasing the remaining vacant space, rolling the below market lease rates to market, developing additional square footage on the inline pad, and potentially creating a new outparcel on Macon Highway.

Creekwood Village is a single-story, necessity based, retail neighborhood center situated on 9.2 acres at the SE pin corner of Macon Hwy and Dale Rd (29,390 VPD) just off exit 2 along interstate Highway 675 (74,100 VPD). The center has three points of ingress/egress at a lighted intersection and is easily visible in all directions. The property is located just 16 miles Southeast of Atlanta’s CBD along I-675.

The property is anchored by Food Depot, a successful regional grocer operating 40 locations in Georgia and Alabama and 37 years of company operating history with 34 years tenure at this location. Food Depot’s current lease term extends to May 2030 with two remaining 5-year options.

Creekwood Village’s tenant mix includes a diverse variety of regional and local retailers, including e-commerce resistant tenants such as Food Depot, Metro PCS, Beauty Town and Urban Pub & Grill.

Area demographics are impressive with 143,179 people within a 5-mile radius and average household incomes over $85,000. The center is centrally located 16 miles Southeast of Downtown Atlanta.

Creekwood Village offers investors the opportunity to acquire a stabilized asset in a strong and growing trade area with the ability to add value and increase NOI.

  • Non-Contingent
  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit
  • Close of Escrow: July 8, 2025

6459 Highway 42, Rex, GA 30273

Investment Highlights

Licensed Auctioneer of Record: Stephen Dawson GA AU004630.

  • Creekwood Village is a value-add, 69,778 SF grocery-anchored retail center located in Rex, GA, part of the Atlanta MSA

  • Creekwood Village is a necessity based neighborhood center. Currently leased to a total of 14 tenants, anchored by Food Depot, a strong regional grocer with 40 locations

  • The Center offers investors future upside through bringing rents to market, lease up of available vacancy, the development of an existing in-line building pad and potential creation and development of a new outparcel

  • Food Depot has a long term operating history with 34 years tenure at this location. Current lease term is through 2030 with two additional 5-year options remaining. Store sales are $388/PSF with a health ratio of 2.2%

  • Food Depot occupies 46,328 SF (66% of the center’s square footage). Other retailers include Metro PCS, Beauty Town, Le Spa Nails, Urban Pub and Grill, and AmeriBistro

  • Solid Demographics with 143,179 people and an average household income of $88,378 within a five-mile radius

  • Creekwood Village is situated at the interchange of Dale Road and Macon Highway, just off Interstate 675. With 29,390 VPD in front of the Center and over 74,100 VPD on I-675

  • Over 50% of overall in place income has corporate or multiple personal guarantees

  • Stable cash flow with strong historical leasing and tenants

  • Located in Clayton County, the 5th largest county in Georgia

Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description

Southside Atlanta (Rex) GA Irish Pub & Grill Restaurant for Sale – Keep or Convert – Open, Staffed & Profitable – Keep or Convert - Hookah Friendly

(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)

Southside Atlanta (Rex) GA Irish Pub & Grill Restaurant for Sale

Irish Pub & Grill for Sale.

Located at 6459 GA-42 Rex, GA 30273.

Profitable.

Books and records available.

Grocery Anchored Shopping Center Location.

Great Street Visibility.

Close to Highway

Approximately 4200/sf.

Space can be extended by an additional 1900/SF.

Seating for 98

Free dedicated parking.

Some Outdoor Seating.

$7,000 Monthly Rent All-In.

Landlord will extend the current lease of four years plus add an option to renew.

Fully equipped.

Walk-in freezer and cooler.

Grease Trap and Hoods up to code.

Restaurant Space is convertible to almost any casual, QSR, or full-service concept.

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
SJ
Steven Josovitz PRO
•••.•••.2121
••even@•••••••••.com
Brokerage logo
Listing removed on
 BY:
TJ
Theresa Johnson PRO
•••.•••.9330
••••nson@•••••••.com
Brokerage logo
Listing removed on
 BY:
AW
Alexsis Wolfson PRO
•••.•••.4658
••••irre@•••••.com
Brokerage logo
Listing removed on
 BY:
SD
Stephen Dawson
•••-•••-1234
•••wson@•••••.com
Brokerage logo

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