5340 Highway 20Covington, GA 30016

  • Retail properties
  • 78,800 SF
For Lease

Property Details for 5340 Highway 20

Year built
1997
Construction
TYPE NOT SPECIFIED
Lot size
17.98 AC
Property size (Sq ft)
78,800 SF
Zone code
C1
Property type
Retail properties
Property subtype
Strip malls
APN
0007A-00000-039-000
APU
0007A00000039000

Description

This exceptional retail opportunity presents itself in the form of Newton Crossroads, a Kroger-anchored shopping center located at 5340 Highway 20 in Covington, Georgia, 30016. The property boasts a total of 78,896 square feet and comprises two suites within a multi-tenant shopping center. Currently, there are 4,200 square feet of vacant retail space available, offering flexible options for prospective tenants. Units are divisible to a minimum of 1,200 square feet, with a maximum contiguous space of 3,000 square feet, making it ideal for a variety of retail businesses. The strategic location in Newton County provides excellent visibility and accessibility, benefiting from the high traffic volume generated by the anchor tenant, Kroger. This presents a unique chance to establish a presence in a thriving retail environment. The property's prime location and the availability of well-sized, adaptable spaces make it an attractive investment for businesses seeking to expand or establish themselves in the Covington market. The address is easily accessible from Highway 20, ensuring high visibility and convenient access for customers. This is a rare opportunity to secure space in a well-established and successful shopping center.

5340 Highway 20, Covington, Georgia

Location Insight

City
Covington
County
Newton
State
Georgia
Latitude
33.5498
Longitude
-84.0153
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$48,841
$692,021
$1,107,979
$1,800,000
-
$1,730,053
$2,769,947
$4,500,000

FAQs

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