This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

941 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

SPALDING VILLAGE 1424 N Express Way

222,107 SF 96% Leased Retail Building Griffin, GA 30223 For Sale

Mixed Use Properties Georgia Griffin 1424 N Express Way, Griffin, GA 30223

Investment Highlights

  • National anchors – Hobby Lobby, Ross Dress For Less, Goodwill, Bargain Hunt and Ollie’s Bargain Outlet – comprise over 73% of the Total GLA
  • Strategic location within the Griffin retail market along highly-trafficked (US-19/US-41/ GA-3)
  • Extensive Recent Capital Improvements Limits Buyer Exposure – Including a new roof installed over Hobby Lobby in early 2024 and parking area sealcoat
  • Located on the south side of the Atlanta, GA MSA The Capital of the Southeast, which is home to a multifaceted, thriving economy
  • Part of the retail center of gravity for the city of Griffin and surrounding communities, with a Walmart Supercenter (shadow anchor)
  • Solid, recent leasing momentum in 2023 and 2024 off of which an incoming Buyer can continue to build – Including Miracle Ear and Grinville Dental

Executive Summary

Broker of Record
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
222,107 SF
Building Class
B
Year Built
1990
NOI
$1,691,289
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Land Acres
22.41 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
PCD - Planned Commercial Development
Parking
400 Spaces (1.8 Spaces per 1,000 SF Leased)
Frontage
258 FT on Atlanta Rd

Amenities

  • Dedicated Turn Lane
  • Signalized Intersection

Links

1 of 1

PROPERTY TAXES

Parcel Number 065-05-033 Improvements Assessment $7,127,073
Land Assessment $1,792,800 Total Assessment $8,919,873

PROPERTY TAXES

Parcel Number
065-05-033
Land Assessment
$1,792,800
Improvements Assessment
$7,127,073
Total Assessment
$8,919,873
(312) 847-5437

  • Listing ID: 33551177

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 1424 N Express Way, Griffin, GA 30223

More public record information on 1424 N Express Way, Griffin, GA 30223

The Retail Property at 1424 N Express Way, Griffin, GA 30223 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Nearby Listings

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/5
1424 N Express Way, Griffin, GA for sale Building Photo- Image 1 of 5
DSC_0134_edited copy (1)
1424 N Express Way, Griffin, GA for sale Building Photo- Image 2 of 5
DSC_0153
1424 N Express Way, Griffin, GA for sale Building Photo- Image 3 of 5
DSC_0135_edited copy
1424 N Express Way, Griffin, GA for sale Building Photo- Image 4 of 5
DSC_0162

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

SPALDING VILLAGE | 1424 N Express Way
(312) 847-5437 x

SPALDING VILLAGE | 1424 N Express Way

1/3

Kyle Stonis

(312) 847-5437

(312) 847-5437

Pierce Mayson

(404) 231-4696

(404) 231-4696

Boris Shilkrot

(470) 986-0689

(470) 986-0689

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link