For Sale
$4,600,000

1400 Eatonton Rd Madison, GA 30650

High-Occupancy Retail Center, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 30,857-square-foot retail shopping center and storefront complex located at 1400 Eatonton Rd, Madison, GA 30650. The property, encompassing four buildings on a single story, boasts 22 units with 100% occupancy, generating a strong net operating income (NOI) of $217,925 and a 4.74% cap rate. Built in 1978 and renovated in 2011, this Class B property operates under a gross lease structure. The property is zoned C2 and features ample parking. The asking price is $4,600,000. This multi-tenant retail center offers a proven track record of successful tenancy in a thriving Madison, Georgia market. Adding to its appeal, the sale includes two vacant tracts of land totaling 5.55 buildable acres situated behind the main plaza, presenting significant future development potential. This well-maintained property provides a solid foundation for continued growth and strong returns, making it an ideal acquisition for investors seeking a high-performing asset in a desirable location. The property's parcel number (APN) is 036E003000. This is a rare opportunity to acquire a fully occupied, high-performing retail center with significant expansion potential.

Highlights

  • 30,857 SF retail/strip center with 22 units, 100% occupied.
  • Prime Madison, GA location (1400 Eatonton Rd, 30650).
  • Class B property, built in 1978, renovated in 2011; $4,600,000 asking price.
  • Strong NOI of $217,925 and 4.74% cap rate; gross lease structure.
  • Ample parking; C2 zoning; includes 5.55 acres of buildable land.

Property Details for 1400 Eatonton Rd

Property type
Lifestyle centers, Power centers
Square Feet
30,857 SF
Class
B
Year Built/Renovated
1978/2011
Buildings
4
Stories
1
Units
22

Location Insight

City
Madison
County
Morgan
State
Georgia
Latitude
33.575117337073
Longitude
-83.477012982044

FAQs

What type of property is this?
Lifestyle center - High-Occupancy Retail Center, Prime Location
Where is the lifestyle center located?
The property is located at 1400 Eatonton Rd Madison, GA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 30,857 SF retail/strip center with 22 units, 100% occupied.; Prime Madison, GA location (1400 Eatonton Rd, 30650).; Class B property, built in 1978, renovated in 2011; $4,600,000 asking price.
How can I contact the broker?
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1400 Eatonton Rd
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