1281 Southlake Cir
Morrow, GA 30260
Pearle Vision · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant has more than 30 years of successful operation at this location
- Ease of management with full recapture of tax and insurance
- Located in a dense retail corridor with more than 1 million square feet of retail within 1 mile of the property
- New 2 year extension - Blended CAP 8.08%
- Corporate guarantee of lease by Luxottica - the world's largest company in the eyewear industry
- Nearby national retailers include Publix, The Home Depot, Costco, Macys, TJ-Maxx, Best Buy, Chick-Fil-A, Chipotle, Papa Johns and many more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,822 SF
Building Class
C
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.03 AC
PROPERTY TAXES
| Parcel Number | 12-0112A-00A-034 | Improvements Assessment | $266,600 |
| Land Assessment | $54,000 | Total Assessment | $320,600 |
