Log In/Sign Up
Your email has been sent.
Cross Creek Village 141- 167 Jonesboro rd 16,800 SF 100% Leased Retail Building McDonough, GA 30253 $2,941,509 CAD ($175.09 CAD/SF) 6.88% Cap Rate
Investment Highlights
- Upside opportunity with 10 current tenants and 3 vacant spaces ready to be leased - 2 buildings totaling 16,800 SF.
- The parking lot was recently resealed and restriped.
- Strong retail area with nearby retailers such as Kroger, Goodwill, Starbucks, Chase Bank, Walgreens, and more.
- Total roof replacement in 2025 at a cost of $62,500 with a 10 year warranty
- Positioned along Jonesboro Road, a well-traveled corridor with strong connectivity to nearby residential and retail - 34,000 cars passing per day
- Ideal for investors seeking stable cash flow with upside, and long-term growth potential in a suburban Atlanta market
Executive Summary
Cross Creek Village is a two building retail shopping center located on the highly traveled Jonesboro Road in McDonough, Georgia. This continues to be one of the fastest growing Atlanta submarket. The property is positioned along a well-established commercial corridor, offering visibility, accessibility, and proximity to surrounding residential neighborhoods and retail development.
The asset benefits from its location within a strong and expanding trade area, supported by increasing population and household growth. With convenient access to nearby thoroughfares and continued development throughout Henry County, Cross Creek Village is well-positioned to support long-term tenant demand and provide a compelling opportunity for investors seeking stability and future growth.
The asset benefits from its location within a strong and expanding trade area, supported by increasing population and household growth. With convenient access to nearby thoroughfares and continued development throughout Henry County, Cross Creek Village is well-positioned to support long-term tenant demand and provide a compelling opportunity for investors seeking stability and future growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
16,800 SF
Year Built
2000
Price
$2,941,509 CAD
Price Per SF
$175.09 CAD
Cap Rate
6.88%
NOI
$202,295 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
C1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0092-01-029-002 | Improvements Assessment | $253,781 CAD |
| Land Assessment | $163,837 CAD | Total Assessment | $417,618 CAD |
Property Taxes
Parcel Number
0092-01-029-002
Land Assessment
$163,837 CAD
Improvements Assessment
$253,781 CAD
Total Assessment
$417,618 CAD
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Cross Creek Village | 141- 167 Jonesboro rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.