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5680 Old Dixie Hwy
Forest Park, GA 30297
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully Leased Mixed-use Investment | 100 Percent Occupied at Sale • Stabilized, Income Producing Asset with a Strong and Diverse Tenant mix
- Flexible Floor Plans Accommodate Small to Mid Size Businesses, Supporting Tenant Retention and Leasing Velocity
- Strong Demographics: Nearly 72,000 People in a Three-Mile Radius
- 100 Percent Leased at Close, With Several Tenants on Long-Term Leases That Provide Stable Income
- High Visibility Location Along Old Dixie Highway, A Heavily Trafficked Arterial in Forest Park, Georgia
- Close Proximity to I-75 and Atlanta’s Hartfield Jackson International Airport
EXECUTIVE SUMMARY
Marcus & Millichap is Pleased to Present a Multi-Tenant Retail Investment Opportunity in Forest Park, Georgia. This
Retail Opportunity is a Sound Opportunity for an Investor Looking for a High Cash Flowing Asset. This Property is
Situated on the Bustling Old Dixie Highway Experiencing Nearly 20,000 Vehicles per day. It is Ideally Situated Just
Steps From I-75 and Atlanta’s Hartsfield Jackson Airport. In 2022, the Building’s Roof was Replaced, the Parking lot
was Resurfaced, and 50 Percent of the HVAC Units Were Replaced. This Provides the Next Owner With Peace of
Mind With no big Upcoming Maintenance Costs.
The Property is 13,200 SF and Boasts Five Tenants for 100 Percent Occupancy. The Property Generates an Annual
NOI of $363,829, Providing an Investor with a Sound Income Producing Asset. The Center is Strategically Located
Amidst the Densely Populated City of Forest Park, Within the Atlanta MSA. The Center Benefits From the Nearly
72,000 People Located Within a Three-Mile Radius. The Current Tenant mix of the Center Fills the Needs of the
Surrounding Community, Ensuring its Long-Term Success.
Retail Opportunity is a Sound Opportunity for an Investor Looking for a High Cash Flowing Asset. This Property is
Situated on the Bustling Old Dixie Highway Experiencing Nearly 20,000 Vehicles per day. It is Ideally Situated Just
Steps From I-75 and Atlanta’s Hartsfield Jackson Airport. In 2022, the Building’s Roof was Replaced, the Parking lot
was Resurfaced, and 50 Percent of the HVAC Units Were Replaced. This Provides the Next Owner With Peace of
Mind With no big Upcoming Maintenance Costs.
The Property is 13,200 SF and Boasts Five Tenants for 100 Percent Occupancy. The Property Generates an Annual
NOI of $363,829, Providing an Investor with a Sound Income Producing Asset. The Center is Strategically Located
Amidst the Densely Populated City of Forest Park, Within the Atlanta MSA. The Center Benefits From the Nearly
72,000 People Located Within a Three-Mile Radius. The Current Tenant mix of the Center Fills the Needs of the
Surrounding Community, Ensuring its Long-Term Success.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
13,200 SF
Building Class
B
Year Built/Renovated
2007/2022
Price
$7,614,750 CAD
Price Per SF
$576.88 CAD
Cap Rate
7.04%
NOI
$535,792 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.92 AC
Opportunity Zone
Yes
Zoning
GB
Parking
80 Spaces (5.48 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 13-0083C-00B-022 | Improvements Assessment | $507,640 CAD |
| Land Assessment | $141,519 CAD | Total Assessment | $649,158 CAD |
PROPERTY TAXES
Parcel Number
13-0083C-00B-022
Land Assessment
$141,519 CAD
Improvements Assessment
$507,640 CAD
Total Assessment
$649,158 CAD
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