559 Jonesboro RDMcdonough, GA 30253
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Elevate your investment portfolio with a PRIME 100% leased shopping center, Magnolia Village, located in the fastest-growing city of McDonough, GA. Located on over 1.37 acres of an expansive lot, this center is in the middle of the three high-traffic, busy shopping plazas. Situated in a residential area, allowing for a built-in clientele for shopping centers and retail businesses. The established 2004 built and 14,607 square feet shopping center has incredible visibility and long-term, stable tenants. Offering an attractive 8.4% Pro Forma cap rate, the current NOI is $187,102.92 annually, including CAM charges built-in within the rent. This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with a newly resurfaced concrete parking lot, this center presents a fantastic turnkey investment. With a convenient setting and a strong tenant mix, Magnolia Village is an exceptional opportunity for investors seeking a lucrative commercial asset in a thriving area.
| 6 hours ago | Listing updated with changes from the MLS® | |
| 20 hours ago | Status changed to Active | |
| yesterday | Listing first seen on site |
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Data last updated at: 2024-10-30 12:00 AM UTC
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