6523 Highway 85 Plaza 6523 Highway 85

12,600 SF 23% Leased Retail Building Riverdale, GA 30274 $1,404,000 ($111/SF) 12% Cap Rate

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,600 SF
Building Class
C
Year Built/Renovated
1973/2024
Price
$1,404,000
Price Per SF
$111
Cap Rate
12%
NOI
$168,525
Percent Leased
23%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.33 AC
Zoning
GB - General Business
Parking
65 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
130 FT on Ga-85 Hwy

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Signage
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (71)

NEARBY MAJOR RETAILERS

Checkers
Bank of America
Food Depot
Rent-a-center
Krystal
Waffle House
Cook Out
Planet Fitness

PROPERTY TAXES

  • Listing ID: 31739852

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 6523 Highway 85, Riverdale, GA 30274