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111 Mountain Vista Rd
Canton, GA 30115
The Market Center at Mountain View · Retail Property For Sale


Investment Highlights
- 100% Leased - 19,350 square foot shopping center situated on 3.26- acre lot with ample parking
- Anchored by Chevron with a long term lease
- Attractive architecture and building finishes, constructed in 2001
- Upside Potential - average rent of $18.57 gross
- Excellent tenant mix, great visibility, along with multiple access points
- 2 newer medical buildings located directly across the street
Executive Summary
Market Center at Mountain View is an excellent opportunity for an investor to acquire an attractive neighborhood shopping center with excellent road visibility. This established 19,350 square foot shopping center was developed in 2001, and is 100% occupied with 9 tenants. In an e?ort to provide a village style experience, the center consists of two buildings providing a mixture of a gas station, retail, service, and o?ce uses. Chevron lease runs through 2033 and has 4 gas pumps as well as a convenience store which generates additional traffic to the center.
Canton is an established and rapidly growing suburb of Atlanta, approximately 35 miles northwest of downtown. This suburb is a short commute to the many employers around the northern arch of Atlanta. Residents also bene?t from proximity to Lake Allatoona, which is a major recreational lake for metro Atlanta residents. Canton continues to attract people wishing to move out of the City of Atlanta, with excellent school districts, new infrastructure and investment, low crime rates, and a high quality of life. The property is just south of Northside Cherokee Hospital; a full service 158 bed hospital serving the area.
Canton is an established and rapidly growing suburb of Atlanta, approximately 35 miles northwest of downtown. This suburb is a short commute to the many employers around the northern arch of Atlanta. Residents also bene?t from proximity to Lake Allatoona, which is a major recreational lake for metro Atlanta residents. Canton continues to attract people wishing to move out of the City of Atlanta, with excellent school districts, new infrastructure and investment, low crime rates, and a high quality of life. The property is just south of Northside Cherokee Hospital; a full service 158 bed hospital serving the area.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
19,221 SF
Building Class
B
Year Built
2001
Price
$5,409,999 CAD
Price Per SF
$281.46 CAD
Cap Rate
7.03%
NOI
$380,498 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.26 AC
Zoning
PUD
Parking
45 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
320’ on Mountain Vista Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
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