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29226571
29226572

116 Palmetto Rd, Tyrone, GA 30290

TM
GA 380309
Lavista Associates
Listed by Lavista Associates
$2,591,714
159 days on market
Updated 55 days ago

Heritage Station

Details
Property Type Industrial, Retail
Sub Type Flex
Square Footage 21,600
Net Rentable (SqFt) 21,600
Units 18
Occupancy 95%
Tenancy Multi
Lease Type Modified
Price per SqFt $120
Year Built 2003
Buildings 2
Stories 1
Acreage 2.790
Zoning C C1
Investment Type Value Add
Ownership Fee Simple

Flex | 21,600 SqFt

Marketing description

Heritage Station is a well-located, multi-tenant service retail / flex strip center situated at 116 Tyrone Palmetto Road in Tyrone, Georgia, one of Fayette County’s most affluent and supply-constrained submarkets. The property consists of approximately 21,600 SF on 2.79 acres and is 95% occupied by a diverse mix of service-oriented and contractor-style tenants, providing durable, needs-based demand and stable cash flow.

Constructed in 2003 with four-sided block construction and a metal roof, the center features a highly functional design where every suite includes a rear roll-up door, making it ideal for contractors, service users, light distribution, fitness, and hybrid retail/flex users. All suites are individually metered for electric and gas.

Heritage Station is strategically positioned along Palmetto Road (GA-74), one of the primary corridors connecting the area directly to I-85 (Exit 56), providing excellent regional accessibility and strong daily traffic flow. The surrounding area is characterized by high household incomes, strong homeownership, and extremely limited competing inventory, supporting long-term tenant retention and rent growth.

Investment highlights

  • Below market rents

  • Possibility of adding value by converting MG leases to NNN leases

  • 2003 4 sided brick and block construction with a metal roof

  • All suites are 1,200 SF

  • All suites have a roll up door in the back

Listing Contacts

TM
GA 380309
Lavista Associates
Listed by Lavista Associates

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