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Investment Highlights

  • Stable 94.96% occupancy.
  • 20 acres strategically located on Old National Highway at the convergence of I - 85 and 285 - Unreplaceable location near airport.
  • 8% cap rate on existing income.
  • Opportunity to increase NOI by growing the current below market rates.
  • 20 acres of underlying land has a value equal to or above list price.

Executive Summary

STABLE INCOME TODAY:GROWTH TOMORROW
Multi-tenant retail shopping center strategically located along Old National Highway and the convergence of Interstate 85 and 285. Exceptional visibility, accessibility and exposure in one of south metro Atlanta's most active commercial corridors. Property is 94.96% occupied allowing an investor to receive a strong initial return of an 8% cap rate. The stategic location of the center located at the airport has a land value equal to or greater than the list price.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
160,836 SF
Building Class
B
Year Built/Renovated
1969/2010
Price
$14,041,727 CAD
Price Per SF
$87.30 CAD
Cap Rate
8%
NOI
$1,123,338 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
20.00 AC
Zoning
C2 - Retail and commercial
Parking
1,023 Spaces (6.36 Spaces per 1,000 SF Leased)
Frontage
880’ on Old National Hwy

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Aalish Andarbar
  • Accommodation and Food Services
  • -
  • $34.76 CAD
  • Triple Net
  • Oct 2030
  • Airport Athletic Club
  • Arts, Entertainment, and Recreation
  • -
  • $13.90 CAD
  • Triple Net
  • Feb 2031
  • ATL Stations Sports Bar
  • Accommodation and Food Services
  • -
  • $27.81 CAD
  • Triple Net
  • Sep 2029
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Triple Net
  • Oct 2028

The Southeast's Premier Basketball Training Facility. "Against All Odds. Invincible. With Good Energy and Buckets for All"

  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Jamaican Bar and Grill is a Restaurant during the day and a lounge at night. That offers delicious dining, takeout and delivery. They are Located 10 minutes away from Hartsfield Jackson Airport. Jamaican Bar and Grill is a cornerstone in the south Atlanta community and has been recognized for its outstanding Jamaican and American cuisine, excellent service and friendly staff. Their restaurant is known for its modern interpretation of classic dishes and its insistence on only using high quality fresh ingredients.

  • Knockouts Bar & Lounge
  • Accommodation and Food Services
  • -
  • -
  • -
  • Oct 2025
  • Retailer
  • -
  • -
  • -
  • -

Located in the heart of College Park, M&S Menswear Outlet is a well known Men's Clothing Store that offers customers a place to find unique and timeless fashion pieces. They sell quality merchandise to customers across the map. Whether you’re looking for Suits,Clergy Fashion, Hats, Shoes or Shirts, M&S Menswear Outlet has something for everyone to buy and love.

  • Accommodation and Food Services
  • -
  • -
  • -
  • -

This exquisite 10,000 Square Foot, 550 people capacity, all-purpose event hall was built to provide the community a space and place we can all finally call home. Whether it’s a wedding, birthday, meeting, political rally, graduation, reunion, musical band, or office party, Savannah has the client’s needs and desires in mind. You decide what you want, and do our utmost to cater to that. Social and community events do not generally start or end at the desired time. They also don’t always go as planned, neither do they take place without glitches. Savannah’s founders are all community activists and they are well aware of these issues. That is why the management does its part to make sure the organizers remain worry free as far as how we will react to these matters which for the most part serve as spoilers for every event. We allow you to start late, go beyond the stipulated time, and bring your own food of your liking, without any extra charge.

  • Accommodation and Food Services
  • -
  • -
  • -
  • -

They are a Thai & Sushi Restaurant located near the airport, if you're just flying in town or in Georgia, visit them for a well deserved meal. They will satisfy your tastebuds, and leave you with a gorgeous smile, and a well-fed stomach. They try our best to serve you right. All of their foods are freshly made. They invest in the freshest foods for your desire. Your visit to the restaurant is greatly appreciated. They have great service and great chefs, what else can you ask for in a restaurant? They hope you enjoy your visit at Zab-E-Lee Thai & Sushi and they hope to see you there as much as possible. They are a friendly based restaurant to make you feel welcome. They think about our customers' needs and do the best we can to serve you right. Hope to see you soon !

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Aalish Andarbar Accommodation and Food Services - $34.76 CAD Triple Net Oct 2030
Airport Athletic Club Arts, Entertainment, and Recreation - $13.90 CAD Triple Net Feb 2031
ATL Stations Sports Bar Accommodation and Food Services - $27.81 CAD Triple Net Sep 2029
Accommodation and Food Services - - - -
Arts, Entertainment, and Recreation - - Triple Net Oct 2028
Accommodation and Food Services - - Triple Net -
Knockouts Bar & Lounge Accommodation and Food Services - - - Oct 2025
Retailer - - - -
Accommodation and Food Services - - - -
Accommodation and Food Services - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 4817
  • 8,100 SF
  • Retail
  • In-Line
  • Now
  • 4825
  • 1,600 SF
  • Retail
  • In-Line
  • 90 Days

Fully equipped launromat

  • 4855
  • 15,000 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
4817 8,100 SF Retail In-Line Now
4825 1,600 SF Retail In-Line 90 Days
4855 15,000 SF Retail In-Line Now

4817

Size
8,100 SF
Space Use
Retail
Position
In-Line
Available
Now

4825

Size
1,600 SF
Space Use
Retail
Position
In-Line
Available
90 Days

4855

Size
15,000 SF
Space Use
Retail
Position
In-Line
Available
Now

4825

Size 1,600 SF
Space Use Retail
Position In-Line
Available 90 Days

Fully equipped launromat

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Champs Chicken
Waffle House
Bank of America
Krystal
Checkers
Piccadilly

Property Taxes

Property Taxes

Parcel Number
13-0061-LL-182-6
Land Assessment
$1,620,691 CAD
Improvements Assessment
$2,084,789 CAD
Total Assessment
$3,705,479 CAD
  • Listing ID: 40142998

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 4827-4903 Old National Hwy, College Park, GA 30337

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