1010 Premiere WayMcdonough, GA 30252

Property Details for 1010 Premiere Way

Year built

2007

Construction

STEEL FRAME

Lot size

1.25 AC

Property size (Sq ft)

11,682 SF

Zone code

C

Property type

Retail properties

Property subtype

Super regional malls

APN

108-01017030

APU

10801017030

Description

This exceptional 13,312 square foot retail building, constructed in 2008, presents a compelling investment opportunity in the thriving McDonough, Georgia market. Situated on a 1.25-acre lot at 1010 Premiere Way, the property boasts a solid all-brick construction, ensuring durability and lasting appeal. Currently operating at 100% occupancy, the building benefits from a stable income stream generated by triple-net (NNN) leases, minimizing landlord responsibilities. The consistent rental income translates to a projected capitalization rate of 7%, offering a strong return on investment. This well-maintained property is ideally suited for investors seeking a reliable, high-performing asset in a dynamic location. The building's prime location within McDonough provides excellent visibility and accessibility, ensuring strong tenant appeal and sustained occupancy. Detailed financial information, including lease terms and tenant profiles, is available upon request. This is a rare opportunity to acquire a fully leased, high-performing retail property in a rapidly growing market. Don't miss out on this exceptional investment prospect. Contact us today to schedule a viewing and explore the potential of this lucrative asset. The property's strong performance and favorable market conditions make it an ideal addition to any investment portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $2,184,244

  6.5%

  $2,016,225

  7%

  $1,872,209

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,742,301

  Geo Method

  $5,742,301

• Alternative Use

  Use

  Valuation

  Residential

  $1,700,762

  Hospitality

  $1,557,888

  Educational

  $1,296,145

  Medical

  $1,340,721

  Retail

  $2,016,225

Location Insight

City

Mcdonough

County

Henry

State

Georgia

Latitude

33.4299

Longitude

-84.1365

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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