For Sale
$4,590,000

6728 Ga-85Riverdale, GA 30274

High-Yield Investment Opportunity in Riverdale, GA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use investment opportunity in Riverdale, Georgia, presents a portfolio of six buildings totaling 32,709 square feet situated on a 4.75-acre lot. The property, built in 1979 and renovated in 1998, comprises a mix of office and retail spaces currently boasting 93% occupancy as of August 1, 2024. The property's diverse tenant base generates a substantial net operating income (NOI) exceeding $614,275. Strategically located along GA Highway 85, this prime location offers unparalleled visibility and accessibility within a densely populated retail area, ensuring high foot and vehicular traffic. The property includes six buildings and three additional undeveloped parcels, presenting significant potential for future expansion and development. This stabilized investment offers immediate income generation from long-standing tenants, mitigating risk and promising both short-term returns and long-term growth potential. The property's strong tenant base and consistent occupancy history demonstrate its resilience and attractiveness in the market. This offering represents a rare opportunity to acquire a high-performing mixed-use portfolio in a thriving retail hub. The Clayton County location provides easy access to major transportation routes, further enhancing its appeal to both tenants and investors. The asking price for this lucrative investment is $4,590,000.

Highlights

  • Nine-parcel portfolio totaling 32,709 square feet, including six buildings and two development parcels.
  • Strong current NOI exceeding $600,000 with high tenant occupancy.
  • Excellent visibility and accessibility on State Route 85 W, with over 20,000 vehicles daily, in a dense retail area.
  • Low vacancy rates indicate strong tenant demand and minimal risk.

Property Details for 6728 Ga-85

Property type
Retail properties, Office properties
Square Feet
32,709 SF
Year Built/Renovated
1979/1998
Buildings
6
Lot Size (sq. ft)
206,910 SF

Location Insight

City
Riverdale
County
Clayton
State
Georgia
Latitude
33.5711138
Longitude
-84.41157
6728 Ga-85, Riverdale, Georgia

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6728 Ga-85
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