6523 Highway 85 Plaza 6523 Highway 85 12,600 SF 23% Leased Retail Building Riverdale, GA 30274 $1,936,032 CAD ($153.65 CAD/SF) 12% Cap Rate

Recently renovated and leasing! Space currently available for new Tenants or Owner-User.
Owner to offer a master lease on vacant spaces for a period of 1 year from date of closing. Call broker for details.
6523 Highway 85 – 12,600 SF Retail Investment | 12% Cap Rate | Riverdale, GA
HIGH-VISIBILITY RETAIL INVESTMENT
6523 Highway 85, Riverdale, GA 30274 is a 12,600 SF recently renovated retail center positioned along a high-traffic commercial corridor in South Metro Atlanta.
Offered at $1,404,000, the property delivers a compelling mix of current income, value-add upside, strong frontage, and owner-user flexibility.
The asset is currently marketed at a 12% cap rate with $168,525 NOI, providing immediate cash flow with additional leasing and repositioning potential.
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KEY INVESTMENT HIGHLIGHTS
* Price: $1,404,000
* Building Size: ±12,600 SF
* Land Area: ±1.33 Acres
* Price/SF: $111.43
* Cap Rate: 12% reported
* NOI: $168,525 reported
* Renovated: 2024
* Parking: ±65 spaces
* Frontage: ±130 FT on Highway 85
* Zoning: General Business / Commercial
* Configuration: Multi-tenant retail
* Sale Type: Investment or Owner-User
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VALUE-ADD UPSIDE
The property offers clear upside through lease-up and repositioning strategies. With ±12,600 SF of flexible retail space, investors can enhance performance through:
* Increasing occupancy
* Strengthening tenant mix
* Leasing available space
* Improving rent roll stability
* Repositioning for higher-quality users
* Long-term hold and appreciation strategy
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OWNER-USER OPPORTUNITY
Ideal for an owner-user seeking to control occupancy costs and build equity in a high-visibility location.
Benefits include:
* Immediate occupancy potential
* Ability to occupy full or partial space
* Lease remaining units for income
* Long-term ownership stability
* Control over property improvements and operations
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LOCATION ADVANTAGE
Located directly on Highway 85, the property benefits from strong daily traffic and established retail surroundings.
* ±130 feet of highway frontage
* Strong visibility and signage potential
* Surrounded by national and regional retailers
* Approximately 6.1 miles to Hartsfield-Jackson Atlanta International Airport
* Easy access to College Park, East Point, Jonesboro, and Atlanta
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USE FLEXIBILITY
Suitable for a wide range of commercial uses subject to zoning:
* Retail
* Restaurant / food service
* Medical / wellness
* Professional services
* Financial / insurance
* Fitness / training
* Beauty / personal care
* Specialty retail
* Multi-tenant commercial use
* Owner-user operations
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INVESTMENT STRATEGIES
1. Income Investment
Stabilized cash flow with existing tenants.
2. Value-Add Play
Increase occupancy and improve NOI.
3. Owner-User Acquisition
Occupy space while building equity.
4. Hybrid Strategy
Owner-occupy + lease remaining units.
5. Long-Term Hold
Benefit from appreciation in a growing submarket.
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PROPERTY SUMMARY
Address: 6523 Highway 85, Riverdale, GA 30274
Property Type: Retail
Building Size: ±12,600 SF
Land Area: ±1.33 Acres
Year Built: 1973
Renovated: 2024
Parking: ±65 Spaces
Frontage: ±130 FT
Zoning: General Business / Commercial
Asking Price: $1,404,000
Price/SF: $111.43
NOI: $168,525 reported
Cap Rate: 12% reported