Listed by Skyline Seven Real Estate
$2,515,000
Norcross Square Plaza
Details
APN R6215 019
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 8,000
Units 6
Cap Rate 6.25%
NOI $157,151
Occupancy 100%
Tenancy Multi
Lease Type Modified
Class B
Year Built 2007
Stories 1
Acreage 9.700
Zoning AA010
Parking Spaces spaces
Investment Type Stabilized
Ground Lease No
6.25% CAP | Fully Leased Retail Center | Atlanta MSA
Marketing description
The subject property is an improved commercial asset located along a well-established retail corridor in the Norcross, Georgia submarket of Metro Atlanta. The offering includes the fee-simple interest in the land, buildings, and all associated improvements, providing investors with full ownership and long term control of the asset.
Positioned within a dense and growing suburban market, the property benefits from proximity to established residential neighborhoods, retail centers, and major thoroughfares that support consistent traffic and demand. The location offers convenient access to key transportation routes, enhancing connectivity throughout the Norcross and greater Atlanta area.
Investment highlights
- 100% Leased - 8,000 SF unanchored shopping center
- Excellent visibility on Jimmy Carter Blvd. a major thoroughfare in Atlanta MSA
- Exception traffic count of 132,000 vehicles per day on Jimmy Carter Blvd.
- Stabilized asset with upside potential through long term rent growth
- Service-oriented tenant mix featuring internet-resistant tenancy catering to daily needs of the surrounding population.
- Attractive architecture and building finishes, constructed in 2007
- Strong demographics with a 5-mile population of 266,537 projected to reach 294,227 by 2030.
- Fee simple ownership offering full control of the land and improvements in a proven, high-demand submarket.
Listing Contacts
Listed by Skyline Seven Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,151.00
$13,095.92/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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