4375 Lexington RdAthens, GA 30605

Property Details for 4375 Lexington Rd

Year built

1999

Lot size

22.68 AC

Property size (Sq ft)

205,548 SF

Zone code

C-G(PD)

Property type

Auto shops

APN

23-4- -016-A

APU

234016A

Description

East Athens Marketplace offers exceptional retail space in a thriving Athens, Georgia location. This neighborhood center totals 24,000 square feet and features a strong mix of national tenants, including Hibbett Sports, AT&T, Little Caesars, GameStop, and H&R Block. The center benefits from its proximity to a Walmart Supercenter, providing significant traffic and visibility. Currently, there are 3,600 square feet of vacant retail space available, divisible into units as small as 1,200 square feet. The maximum contiguous space available is 2,400 square feet, offering flexibility for various business needs. The property is located at 4375 Lexington Rd, Athens, GA 30605, in Clarke County. This presents a unique opportunity for businesses seeking high-traffic exposure in a well-established retail center. The existing tenant mix provides a strong foundation for new businesses to thrive. The available space is ideal for a variety of retail concepts, offering a chance to become part of a vibrant and successful shopping destination. The location's accessibility and visibility, combined with the established tenant base, make this a compelling investment opportunity. Contact us today to learn more about this exceptional retail space and explore the possibilities for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $40,842,500

  6.5%

  $37,700,800

  7%

  $35,007,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,658,500

  Geo Method

  $24,658,500

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $73,040,700

  Mixed-Use / Specialty

  $37,760,100

  Hospitality / Lodging

  $27,955,600

  Office

  $37,737,600

  Institutional / Educational

  $39,324,500

  Residential Income

  $46,009,700

  Multifamily

  $54,107,400

  Automotive / Energy

  $33,706,700

  Parking / Income-Based Land

  $11,440,400

  Restaurant / Food Service

  $20,052,800

  Healthcare / Senior Housing

  $38,523,600

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.934

Longitude

-83.3095

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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