For Sale
$1,500,000

2731-2743 Mount Zion PkwyJonesboro, GA 30236

Fully Leased, High-Visibility Shopping Center

Overview

Added:
Dec 11, 2024
Days on market:
118
The Shoppes at Mount Zion, a 6,000 square foot shopping center in Jonesboro, Georgia, presents a compelling investment opportunity. This fully leased, single-story building boasts 100% occupancy, generating a strong net operating income (NOI) of $103,140 annually, translating to a 6.9% capitalization rate at the asking price of $1,500,000. Situated on a 0.98-acre lot with 35 parking spaces, the property enjoys high visibility on Mount Zion Parkway in the Jonesboro/Riverdale submarket of South Atlanta. Built in 2002, the center features four retail units and benefits from its location near major highways and Hartsfield-Jackson Atlanta International Airport. The property is zoned C and operates under a triple-net (NNN) lease structure, meaning tenants cover maintenance, insurance, and property taxes, minimizing owner expenses. Rent bumps are included in the lease agreements, ensuring future income growth. This low-maintenance investment offers a stable income stream and significant potential for long-term appreciation. The property's prime location and strong tenant mix make it an attractive addition to any portfolio.

Highlights

  • 6.9% Cap Rate, $103,140 Annual NOI.
  • 100% Occupancy, Diverse Retail Tenant Mix.
  • Low-Maintenance Property, NNN Leases.
  • High Visibility, Pylon Signage on Mount Zion Parkway.

Property Details for 2731-2743 Mount Zion Pkwy

Property type
Lifestyle centers, Power centers
Square Feet
6,000 SF
Year Built
2002
Buildings
1
Stories
1
Lot Size (sq. ft)
42,689 SF
Units
4

Location Insight

City
Jonesboro
County
Clayton
State
Georgia
Latitude
33.552978680921
Longitude
-84.301642885894
2731-2743 Mount Zion Pkwy, Jonesboro, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2731-2743 Mount Zion Pkwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message