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7055 Old National Hwy
Riverdale, GA 30296
CVS (Dark) · Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- In-Place Income with Flexibility | CVS Pharmacy’s lease remains in place through January 31, 2028
- Dynamic Retail Corridor | Located along one of South Atlanta’s most active commercial thoroughfares
- Repositioning Potential / Adaptive Reuse | Ideal for single-tenant or multi-tenant conversion, medical, auto, quick-service, or discount retail
- Premier Corner Exposure & Access | Situated on 1.24 acres at the signalized intersection of Old National Highway (SR-279) and Bethsaida Road
- Strong Local Demographics | Within a 3-mile radius, over 55,580 residents earn an average household income of $83,183
- Execution Advantage – Income During Transition | The existing lease term offers cash flow during design, entitlement, and leasing phases
RÉSUMÉ DE L'ANNONCE
SAB Capital is pleased to exclusively present an opportunity to acquire or lease 7055 Old National Highway in Riverdale, Georgia, a 10,125 square foot freestanding retail building situated on 1.24 acres at one of South Atlanta’s most prominent intersections. The property is currently leased to CVS Pharmacy through January 31, 2028, generating an in-place net operating income of $248,714. This short-term income stream provides a buyer or developer with predictable cash flow while formulating and executing a longer-term strategy, whether through re-tenanting, redevelopment, or repositioning.
Constructed in 1997 with reinforced concrete and featuring a new roof installed in 2024, the asset offers durable infrastructure and limited near-term capital exposure. The site is zoned C-1 (Store Building), allowing for a broad range of commercial uses including medical, automotive, restaurant, quick-service, discount retail, or professional services, providing maximum flexibility for both investors and users.
Positioned at the signalized corner of Old National Highway (SR-279) and Bethsaida Road, the property benefits from exceptional visibility, exposure to over 42,000 vehicles per day, and convenient two-way access complemented by 45+ parking spaces. The surrounding trade area is anchored by a strong mix of national retailers including Publix, Walgreens, Family Dollar, AutoZone, McDonald’s, and Dunkin’, which drive consistent daily traffic and reinforce the corridor’s position as a regional retail hub.
Within a three-mile radius, the property serves a dense population of over 55,580 residents with an average household income of $83,183, representing a stable and growing consumer base. The combination of in-place income, excellent visibility, favorable demographics, and flexible zoning makes 7055 Old National Highway a compelling opportunity for both investors seeking short-term yield with long-term upside and end-users pursuing a highly visible, accessible site in a thriving South Atlanta submarket.
Constructed in 1997 with reinforced concrete and featuring a new roof installed in 2024, the asset offers durable infrastructure and limited near-term capital exposure. The site is zoned C-1 (Store Building), allowing for a broad range of commercial uses including medical, automotive, restaurant, quick-service, discount retail, or professional services, providing maximum flexibility for both investors and users.
Positioned at the signalized corner of Old National Highway (SR-279) and Bethsaida Road, the property benefits from exceptional visibility, exposure to over 42,000 vehicles per day, and convenient two-way access complemented by 45+ parking spaces. The surrounding trade area is anchored by a strong mix of national retailers including Publix, Walgreens, Family Dollar, AutoZone, McDonald’s, and Dunkin’, which drive consistent daily traffic and reinforce the corridor’s position as a regional retail hub.
Within a three-mile radius, the property serves a dense population of over 55,580 residents with an average household income of $83,183, representing a stable and growing consumer base. The combination of in-place income, excellent visibility, favorable demographics, and flexible zoning makes 7055 Old National Highway a compelling opportunity for both investors seeking short-term yield with long-term upside and end-users pursuing a highly visible, accessible site in a thriving South Atlanta submarket.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Conditions de vente
Type de propriété
Commerce de détail
Sous-type de propriété
Pharmacie
Taille du bâtiment
10 125 pi²
Classe d’immeuble
B
Année de construction
1997
Prix
4 293 221 $ CAD
Prix par pi²
424,02 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
1,24 AC
Zonage
C1
Stationnement
50 places (4,94 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Ligne d'autobus
- Intersection avec signalisation
- Service au volant
Impôts fonciers
| Numéro de lot | 13-0164-LL-023-8 | Évaluation des bâtiments | 356 906 $ CAD |
| Évaluation du terrain | 414 750 $ CAD | Évaluation totale | 771 656 $ CAD |
Impôts fonciers
Numéro de lot
13-0164-LL-023-8
Évaluation du terrain
414 750 $ CAD
Évaluation des bâtiments
356 906 $ CAD
Évaluation totale
771 656 $ CAD
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