For Sale
$2,700,000

438 Cabiness RdForsyth, GA 31029

High-Yield Retail Center in Forsyth, GA

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully occupied, two-building shopping center totaling 13,500 square feet, situated at 438 Cabiness Rd, Forsyth, GA 31029. Built in 2021, the property boasts a strong 100% occupancy rate across seven diverse tenants, generating a substantial Net Operating Income (NOI) of $179,550. This translates to an attractive 6.65% capitalization rate, making it a compelling proposition for investors seeking stable returns. The center is strategically located near I-75, providing excellent visibility and accessibility. The property features a modified lease structure and is categorized as a multi-tenant retail shopping center. The single-story buildings offer a convenient layout for both tenants and customers. With its prime location in the thriving Forsyth market and strong tenant base, this shopping center represents a rare opportunity to acquire a high-performing asset with significant upside potential. The asking price for this exceptional property is $2,700,000. This is a turnkey investment ready to generate immediate income. The property's strong performance and location make it an ideal addition to any diversified real estate portfolio.

Highlights

  • Fully occupied, two-building shopping center totaling 13,500 square feet.
  • 100% occupancy with seven diverse tenants, generating $179,550 NOI and a 6.65% cap rate.
  • Located at 438 Cabiness Rd, Forsyth, GA 31029, near I-75 for excellent visibility and accessibility.
  • Built in 2021, featuring single-story buildings and a modified lease structure.
  • Asking price: $2,700,000.

Property Details for 438 Cabiness Rd

Property type
Lifestyle centers, Power centers
Square Feet
13,500 SF
Year Built
2021
Buildings
2
Stories
1

Location Insight

City
Forsyth
County
Monroe
State
Georgia
Latitude
33.0457383
Longitude
-83.9354599
438 Cabiness Rd, Forsyth, 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].
438 Cabiness Rd
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