6055 Old National HwyAtlanta, GA 30349

Property Details for 6055 Old National Hwy

Year built

1999

Lot size

14.33 AC

Property size (Sq ft)

100,202 SF

Zone code

C1C

Property type

Retail properties

Property subtype

Community centers

APN

13 0125 LL0756

APU

130125LL0756

Description

This exceptional retail investment opportunity is located at 6055 Old National Hwy in South Fulton, Georgia, within Fulton County (zip code 30349). The property, a multi-tenant strip center, boasts a total building area of 129,449 square feet. Currently, there is 800 square feet of vacant retail space available, presenting a prime chance for expansion or new tenancy within a thriving commercial hub. The center benefits from a strong anchor tenant, Kroger, ensuring consistent foot traffic and high visibility. This location offers excellent access to major transportation routes, providing convenient access for both customers and employees. The property's strategic placement within a densely populated area guarantees a robust customer base. The available 800 square feet of space is adaptable to a variety of retail uses, making it an attractive proposition for businesses seeking a well-established location with high potential for growth. The property's size and location make it an ideal investment for both established businesses and new ventures looking to capitalize on a prime retail market in the Atlanta metropolitan area. Detailed financial information and lease terms are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $18,735,286

  6.5%

  $17,294,112

  7%

  $16,058,817

• Comparable approach

  Method

  Valuation

  Relative Method

  $49,254,412

  Geo Method

  $49,254,412

• Alternative Use

  Use

  Valuation

  Residential

  $14,588,230

  Hospitality

  $13,362,740

  Educational

  $11,117,643

  Medical

  $11,499,996

  Retail

  $17,294,112

Location Insight

City

College Park

County

Fulton

State

Georgia

Latitude

33.5906

Longitude

-84.4701

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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