438 Cabiness RdForsyth, GA 31029

Property Details for 438 Cabiness Rd

Year built

2021

Property size (Sq ft)

13,500 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

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.

Location Insight

City

Forsyth

County

Monroe

State

Georgia

Latitude

33.0457

Longitude

-83.9355

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