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Standalone Retail NNN Asset - Jonesboro, GA 281 Upper Riverdale Rd

112,562 SF Retail Building Jonesboro, GA 30236 $8,250,000 ($73/SF) 7% Cap Rate

Retail Space Georgia Jonesboro 281 Upper Riverdale Rd, Jonesboro, GA 30236

Investment Highlights

  • Strategically Located Between 75 and Tara Blvd
  • Lot: 2.5 Acres 
  • Zoning - GB - Providing Many Opportunities 
  • Standalone Building - 112,562 Square Feet
  • Parking: 300 Spaces
  • Tenant: Fine Fabrics - 5 Year Lease - Guarantee: Personal & Corporate

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 112,562 SF Standalone Retail NNN Asset Located at 281 Upper Riverdale Road in Jonesboro, GA. This Deal Includes a 5-Year Lease and the Business Has Been Operating For 15-Years and Has Three Locations, Providing For a Secure Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Garden Center
Building Size
112,562 SF
Year Built/Renovated
1986/2021
Price
$8,250,000
Price Per SF
$73
Cap Rate
7%
NOI
$577,121
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.12
Land Acres
22.42 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
GB - Retail.
Frontage
262 FT on Upper Riverdale Rd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Fine Fabrics
  • Retailer
  • 112,562 SF
  • $73.29
  • Triple Net
  • Oct 2029
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Fine Fabrics Retailer 112,562 SF $73.29 Triple Net Oct 2029

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PROPERTY TAXES

Parcel Number 13-0141B-00A-005 Improvements Assessment $1,882,640
Land Assessment $87,040 Total Assessment $1,969,680

PROPERTY TAXES

Parcel Number
13-0141B-00A-005
Land Assessment
$87,040
Improvements Assessment
$1,882,640
Total Assessment
$1,969,680
(404) 207-1171

  • Listing ID: 33531675

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 281 Upper Riverdale Rd, Jonesboro, GA 30236

More public record information on 281 Upper Riverdale Rd, Jonesboro, GA 30236

The Retail Property at 281 Upper Riverdale Rd, Jonesboro, GA 30236 is currently available For Sale. Contact Sands Investment Group Atlanta, LLC for more information.

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Standalone Retail NNN Asset - Jonesboro, GA | 281 Upper Riverdale Rd
(404) 207-1171 x

Standalone Retail NNN Asset - Jonesboro, GA | 281 Upper Riverdale Rd

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Lasha Kortava

(404) 207-1171

(404) 207-1171

Andrew Ackerman

(770) 626-0445

(770) 626-0445

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