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Investment Highlights

  • Multi-Tenant Shopping Center
  • Atlanta MSA
  • Service Tenants | E-Commerce Resistant
  • High Traffic Counts 23,362± Vehicles Per Day
  • Granularity of Income
  • High Yield 8.5% Going in Cap-Rate

Executive Summary

This offering presents a fully leased, multi-tenant retail shopping center situated along Jonesboro Road in Forest Park, GA. The property spans approximately 8.9 acres and benefits from a prominent frontage of 352 feet on a high-traffic corridor with an average of 23,362 ± vehicles per day. Positioned within the Atlanta MSA and located less than 15 minutes from Hartsfield-Jackson International Airport, the asset offers outstanding connectivity to major transportation routes, including Interstate 75 and Interstate 285.
The center carries an attractive 8.5% cap rate and features diverse service-oriented tenants resistant to e-commerce trends, ensuring consistent revenue streams. With granularity of income across multiple tenancy and 100% occupancy, investors gain stability paired with scalable upside potential within an Opportunity Zone, enabling potential tax benefits under current federal guidelines. Additional attributes include ample onsite parking with 515 spaces, a dedicated turn lane, pylon signage, and accessibility to public transportation.
Improvements to the property received significant updates in 2005, creating a functional retail setting within a strong South Metro submarket. This region continues to experience economic growth fueled by logistics hubs, redevelopment projects, and expanding consumer demand. This acquisition represents a rare chance to secure a high-yield retail asset offering long-term income security and geographic advantages amid Atlanta’s resilient marketplace.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
87,767 SF
Building Class
C
Year Built/Renovated
1973/2005
Price
$6,943,462 CAD
Price Per SF
$79.11 CAD
Cap Rate
8.50%
NOI
$590,194 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
8.90 AC
Opportunity Zone
Yes
Zoning
GP, Forest Park - Retail
Parking
515 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
352’ on Jonesboro Rd

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
13-0015D-00C-007
Land Assessment
$473,731 CAD
Improvements Assessment
$854,425 CAD
Total Assessment
$1,328,157 CAD
  • Listing ID: 40918535

  • Date on Market: 2026-06-14

  • Last Updated:

  • Address: 4140 Jonesboro Rd, Forest Park, GA 30297

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