Listed by National Representative Realty
$5,600,000
Cobblestone Village Shopping Center
Details
Property Type Mixed Use, Retail
Sub Type Shopping Center, Storefront
Square Footage 37,200
Net Rentable (SqFt) 37,200
Units 19
Cap Rate 6.55%
Occupancy 93.5%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Broker Co-Op Yes
Year Built 1988
Year Renovated 2022
Buildings 1
Stories 2
Acreage 2.100
Zoning C-2
Parking Spaces 140 spaces
Parking Per SqFt 3.76
Investment Type Stabilized
Tenant Credit Credit Rated
Occupancy Date 08/04/2025
Ground Lease No
Mixed Use | 6.55% CAP | 37,200 SqFt
Marketing description
Investment Highlights
Investment highlights
- High-Visibility Community Retail Center with excellent frontage on a heavily traveled corridor, providing strong exposure for tenants and long-term leasing appeal.
- Strong Demographic Fundamentals surrounded by a dense, growing population with solid household incomes, supporting consistent retail demand.
- Diversified Tenant Mix featuring service-oriented and daily-needs businesses that are less vulnerable to e-commerce competition, helping provide stable cash flow.
- Value-Add Opportunity with the potential to increase returns through proactive leasing, rental rate optimization, and operational improvements.
- Attractive Pricing Relative to Newer Comparable Properties, creating an opportunity for investors to capture future appreciation through strategic asset management.
- Prime Location in a Growing Atlanta Submarket, benefiting from continued residential and commercial expansion, strong traffic counts, and increasing consumer activity.
- Well-Suited for Long-Term Cash Flow Investors seeking a stable retail asset with both current income and future upside potential.
Listing Contacts
Listed by National Representative Realty
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