2736 Chapel Hill RdDouglasville, GA 30135

  • Retail properties
  • 5,700 SF
For Sale
$9,502,000 View listing

Property Details for 2736 Chapel Hill Rd

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.77 AC
Property size (Sq ft)
5,700 SF
Zone code
CG
Property type
Retail properties
Property subtype
Strip malls
APN
0023-01-5- -00004
APU
2301500004

Description

This exceptional 25,300 square foot shopping center in Douglasville, GA (Atlanta MSA), presents a compelling investment opportunity. Located at the intersection of Chapel Hill Road and Timber Ridge Drive, this property boasts a 100% occupancy rate with a diverse mix of national, regional, and local tenants, including Starbucks, Verizon Wireless, Orange Theory Fitness, Shane's Rib Shack, and Tropical Smoothie. The center comprises two buildings, strategically positioned to maximize visibility and accessibility. Its prime location benefits from the proximity of other well-established businesses such as McDonald's, Panda Express, Texas Roadhouse, and Carrabba's Italian Grill, creating a synergistic retail environment and enhancing customer traffic. Constructed between 2005 and 2006, this Class "A" retail center sits on a 3.79-acre lot and offers a 6.50% cap rate. The asking price is $9,502,000, and existing financing may be assumed by the buyer. This thriving retail center offers a strong return on investment in a high-income, growing trade area. The property is offered free and clear or with existing financing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,399,024
    6.5%
    $1,291,407
    7%
    $1,199,163
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,651,900
    Geo Method
    $2,801,842
  • Alternative Use

    Use
    Valuation
    Residential
    $1,089,350
    Hospitality
    $997,839
    Educational
    $830,190
    Medical
    $858,742
    Retail
    $1,291,407
2736 Chapel Hill Rd, Douglasville, Georgia

Location Insight

City
Douglasville
County
Douglas
State
Georgia
Latitude
33.731
Longitude
-84.736
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
$61,219
$680,120
$819,840
$1,499,960
-
$1,700,300
$2,049,600
$3,749,900

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].