3721 New Macland RdPowder Springs, GA 30127

  • Retail properties
  • 79,348 SF
For Lease

Property Details for 3721 New Macland Rd

Year built
1999
Lot size
12.04 AC
Property size (Sq ft)
79,348 SF
Zone code
CRC
Property type
Retail properties
Property subtype
Strip malls
APN
19083000060
APU
19083000060

Description

This exceptional retail opportunity is located at 3721 New MacLand Rd in Powder Springs, Georgia, 30127, within Cobb County. The property, known as Publix at Powder Springs, is a mixed-use shopping center offering multiple tenancy options. A total of 77,853 square feet are available, with three spaces currently vacant, ranging from 1,200 to 1,400 contiguous square feet. The minimum leasable space is 1,200 square feet, providing flexibility for various retail businesses. The property's prime location ensures high visibility and accessibility for customers. The 4,000 square feet of vacant space presents a unique chance to establish a presence in a thriving commercial area. This is an ideal location for businesses seeking high foot traffic and a strong customer base. The property's classification as a mixed-use center suggests a diverse range of businesses already operating within the complex, creating a synergistic environment. This opportunity is perfect for businesses seeking a space in a well-established and busy shopping center. The property is conveniently located in Powder Springs, Cobb County, Georgia, offering easy access to major transportation routes and a large customer base. Contact us today to learn more about this exciting retail leasing opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $24,670,198
    6.5%
    $22,772,490
    7%
    $21,145,884
  • Comparable approach

    Method
    Valuation
    Relative Method
    $32,570,984
    Geo Method
    $39,003,604
  • Alternative Use

    Use
    Valuation
    Residential
    $19,209,448
    Hospitality
    $17,595,752
    Educational
    $14,639,458
    Medical
    $15,142,932
    Retail
    $22,772,490
3721 New Macland Rd, Powder Springs, Georgia

Location Insight

City
Powder Springs
County
Cobb
State
Georgia
Latitude
33.864
Longitude
-84.6743
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
2024
$134,469
$2,068,856
$2,391,144
$4,460,000
-
$5,172,140
$5,977,860
$11,150,000

FAQs

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