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32313918
32313930

1462 Eatonton Road, Madison, GA 30650

RM
GA 319111
Palomar Real Estate Group
SC
GA GA 317459, SC 65657
Palomar Real Estate Group
JB
GA 444450
Palomar Real Estate Group
Listed by Palomar Real Estate Group
$9,300,000
66 days on market
Updated 66 days ago

Beacon Heights

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 105,849
Cap Rate 8.25%
NOI $766,576
Occupancy 100%
Tenancy Multi
Price per SqFt $88
Acreage 17.610
Investment Type Stabilized
Ground Lease No

100% Leased Center | Strong Tenant Mix

Marketing description

Regional Retail Hub for Lake Oconee

Beacon Heights serves as a primary shopping destination for Madison and the broader Lake Oconee region, with limited nearby competition.

Strategic Access to Growth Markets

Positioned along I-20 between Atlanta and Athens, the Shopping Center benefits from continued population and income growth across both markets.

Strong Retail Corridor & Medical Anchor

Located within a dense retail corridor and adjacent to Morgan Medical Center, the region’s only full-service Hospital, driving consistent traffic and long-term demand

Investment highlights

Stable, 100% Leased Center with Proven Tenant Demand

Beacon Heights is a fully occupied value-oriented center anchored by a strong mix of national and regional tenants. Recent activity, including Dollar Tree’s renewal with zero landlord incentives, reinforces tenant demand.

Embedded NOI Growth Through Below-Market Rents

Several anchors operate below market rents, creating a clear path to NOI growth through renewals and mark-to-market opportunities without requiring repositioning.

Limited Near-Term CapEx Requirements

Over 70% of the roofs have been replaced, and a full parking lot renovation is underway, significantly reducing near-term capital needs.

Strong In-Place Yield with Durable Cash Flow

The Property offers an attractive going-in yield supported by a necessity-based tenant mix and consistent occupancy.

Major Economic Growth Driver – Rivian EV Plant

Nearby Rivian’s $5B manufacturing facility is expected to create thousands of construction jobs and ~7,500 permanent jobs, driving long-term population and retail demand.

Listing Contacts

RM
GA 319111
Palomar Real Estate Group
SC
GA GA 317459, SC 65657
Palomar Real Estate Group
JB
GA 444450
Palomar Real Estate Group
Listed by Palomar Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$766,576.00
$63,881.33/mo

Valuation Metrics

0
DSCR
8.24%
Cap Rate
8.24%
ROI

Map

Zoning

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C3 CommercialGeneral CommercialGeneral Commercial District
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Last updated May 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Steve Collins
License
GA 317459
Brokerage
Palomar Group
Title
Broker
Brokerage Address
206 Pitcarin Way
Name
Jay Beach
License
444450
Brokerage
Palomar Group
Brokerage Phone
(706) 832-3622
Title
Junior Asssociate
Brokerage Address
206 Pitcarin Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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