139 City Hall AveBowdon, GA 30108

Property Details for 139 City Hall Ave

Year built

1955

Lot size

0.83 AC

Property size (Sq ft)

24,465 SF

Zone code

I

Property type

Retail properties

Property subtype

Strip malls

APN

B04-003-0001

APU

B040030001

Description

This exceptional investment opportunity presents a fully leased, 24,465 square foot retail center located at 139 City Hall Avenue in Bowdon, Georgia (zip code 30108). The property sits on a one-acre lot and features five fully built-out retail suites, currently boasting 100% occupancy. The tenant mix is diverse and includes restaurants, a gym, and a salon, ensuring a strong and stable income stream. The building boasts a desirable brick front, enhancing its curb appeal and contributing to its overall value. This is an investment-only sale, offering a compelling return for discerning investors seeking a turnkey retail property in a thriving Georgia market. The property's prime location in Carroll County provides excellent visibility and accessibility, making it an attractive destination for both tenants and customers. With its strong tenant base and proven income generation, this retail center represents a rare opportunity to acquire a high-performing asset in a desirable market. The asking price is $1,100,000. Detailed financial information is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $5,359,026

  6.5%

  $4,946,793

  7%

  $4,593,451

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,635,366

  Geo Method

  $12,025,800

• Alternative Use

  Use

  Valuation

  Residential

  $4,172,805

  Hospitality

  $3,822,267

  Educational

  $3,180,081

  Medical

  $3,289,449

  Retail

  $4,946,793

Location Insight

City

Bowdon

County

Carroll

State

Georgia

Latitude

33.5382

Longitude

-85.2509

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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