For Sale
$9,206,906

1700 Eatonton Rd Madison, GA 30650

High-Yield Retail Investment in GA

Overview

Added:
Dec 11, 2024
Days on market:
138
Madison Crossing, a prime 63,089 square foot shopping center in Madison, Georgia, presents a compelling investment opportunity. This fully leased, single-story retail property boasts 12 tenants, including national brands like Harbor Freight Tools and Marshall's, ensuring strong occupancy and consistent cash flow. The 100% occupancy rate translates to a substantial net operating income (NOI) of $626,070, yielding a 6.80% cap rate on the $9,206,906 asking price. Situated on a 7.5-acre lot at the northeast corner of the Madison Bypass and US 441, this strategically located center benefits from high visibility and accessibility. Its prime location across from Walmart and near Lowe's guarantees significant foot traffic. The property includes 303 parking spaces and is complemented by a variety of nearby dining establishments, including Chick-fil-A, Taco Bell, Dunkin' Donuts, Dairy Queen, Zaxby's, and Bojangles. All tenant leases are currently in their final renewal period, providing an opportunity for future rent increases. The property's strong tenant mix, high occupancy, and strategic location make it an exceptional investment prospect for discerning buyers seeking a stable and profitable retail asset. The price per square foot is $145.94. This is a triple net (NNN) leased multi-tenant property.

Highlights

  • 63,089 SF fully leased shopping center in Madison, GA.
  • 12 tenants including national brands like Harbor Freight and Marshall's.
  • $9,206,906 asking price with a 6.80% cap rate and $626,070 NOI.
  • Strategically located at the intersection of Madison Bypass and US 441, across from Walmart.
  • 303 parking spaces and strong surrounding retail amenities.

Property Details for 1700 Eatonton Rd

Property type
Lifestyle centers, Power centers
Square Feet
63,089 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
326,700 SF

Location Insight

City
Madison
County
Morgan
State
Georgia
Latitude
33.566518
Longitude
-83.4773577

FAQs

What type of property is this?
Lifestyle center - High-Yield Retail Investment in GA
Where is the lifestyle center located?
The property is located at 1700 Eatonton Rd Madison, GA.
What is the asking price?
The asking price for this property is $9,206,906.
What are key features of this property?
This property features: 63,089 SF fully leased shopping center in Madison, GA.; 12 tenants including national brands like Harbor Freight and Marshall's.; $9,206,906 asking price with a 6.80% cap rate and $626,070 NOI.
How can I contact the broker?
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1700 Eatonton Rd
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