6740 Shannon PkwyUnion City, GA 30291

Property Details for 6740 Shannon Pkwy

Year built

1987

Construction

WOOD

Lot size

0.02 AC

Property size (Sq ft)

800 SF

Zone code

C2

Property type

Office properties

Property subtype

Other office properties

APN

09F151000630141

APU

09F151000630141

Description

This exceptional two-story retail and office plaza, located at 6740 Shannon Parkway in Union City, Georgia (zip code 30291), offers a prime opportunity for businesses seeking flexible and versatile space. The property boasts a total of 27,400 square feet, with a significant 57,000 square feet currently vacant and available for lease. Multiple tenancy options are available, catering to a range of business needs. Units are divisible to a minimum of 800 square feet, allowing for smaller businesses to establish a presence, while larger contiguous spaces of up to 57,000 square feet are also available for those requiring expansive accommodations. The building's design accommodates various office styles, including executive, traditional, and creative office spaces, as well as retail uses, as evidenced by its previous tenant, a hair salon. Its strategic location offers unparalleled convenience, situated at a side entrance to a Super Wal-Mart, ensuring high visibility and accessibility for both employees and customers. This presents a unique chance to secure a prominent location within a thriving commercial area. The property's versatility, ample space options, and prime location make it an ideal choice for a variety of businesses seeking to establish or expand their operations in Union City, Georgia.

• CAP approach

  CAP return

  Valuation

  6%

  $101,755

  6.5%

  $93,928

  7%

  $87,219

• Comparable approach

  Method

  Valuation

  Relative Method

  $156,048

  Geo Method

  $156,048

• Alternative Use

  Use

  Valuation

  Residential

  $116,471

  Hospitality

  $106,686

  Educational

  $88,762

  Medical

  $91,814

  Retail

  $138,074

Location Insight

City

Union City

County

Fulton

State

Georgia

Latitude

33.5716

Longitude

-84.5388

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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