5540 Jonesboro RdLake City, GA 30260

Property Details for 5540 Jonesboro Rd

Year built

2019

Lot size

1.44 AC

Property size (Sq ft)

4,284 SF

Zone code

C

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

12-175C- C-011

APU

12175CC011

Description

This 1,200 square foot retail space is located at 5540 Jonesboro Rd in Lake City, Georgia, within a larger 10,000 square foot building situated on a one-acre lot in Clayton County (zip code 30260). The property is a single-story building with multiple tenancies. Currently, 1,200 square feet is immediately available for lease. The minimum leasable space is 1,200 square feet. This space is ideal for a variety of retail businesses, however, smoke shops, hookah bars, and lounges are not permitted. Prospective tenants must possess a credit score of at least 700 and commit to a minimum three-year lease agreement. The property is conveniently located near a busy gas station, ensuring high visibility and foot traffic. This presents a strong opportunity for a business seeking a well-situated retail space in a high-traffic area. The property offers excellent potential for growth and success. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $801,002

  6.5%

  $739,386

  7%

  $686,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,105,805

  Geo Method

  $2,105,805

• Alternative Use

  Use

  Valuation

  Residential

  $623,700

  Hospitality

  $571,306

  Educational

  $475,320

  Medical

  $491,667

  Retail

  $739,386

Location Insight

City

Morrow

County

Clayton

State

Georgia

Latitude

33.604

Longitude

-84.34

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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