2 fully-leased retail condos for sale€¦ · donna turner commercial director 0: 770.252.2266 c:...

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KW COMMERCIAL 354 Newnan Crossing Bypass, Suite 235 Newnan, GA 30265 Each Office Independently Owned and Operated kwcommercial.com We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. DONNA TURNER Commercial Director 0: 770.252.2266 C: 770.363.2537 [email protected] GA #340974 OFFERING SUMMARY SALE PRICE: $325,000 LOT SIZE: 0.04 Acres YEAR BUILT: 1998 BUILDING SIZE: 2,000 SF ZONING: C-3 MARKET: Atlanta SUBMARKET: McDonough/Butts County TRAFFIC COUNT: 27,500 VPD PRICE / SF: $162.50 PROPERTY OVERVIEW Investment Sale of Two Fully-Lease 1,000 SF Condos in McDonough, GA offered at an 8.9% Cap Rate. Excellent opportunity for entry-level investor or experienced pro desiring to expand his portfolio. McDonough, considered a suburb of Atlanta, is located approximately 30 miles southeast of Atlanta PROPERTY HIGHLIGHTS 2 Fully-Leased Retail Condos in Retail Center Located in McDonough Place Shopping Center On the Corner of McDonough Pkwy & Jonesboro Rd Access to I-75 is Minutes Away Just South of Historic Downtown McDonough Well-Maintained Properties Stable Tenants in Place Asking Price: $325,000 Cap Rate: 8.9% Henry County 1107 & 1109 McDonough Place, McDonough, GA 30253 2 FULLY-LEASED RETAIL CONDOS FOR SALE RETAIL FOR SALE

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Page 1: 2 FULLY-LEASED RETAIL CONDOS FOR SALE€¦ · DONNA TURNER Commercial Director 0: 770.252.2266 C: 770.363.2537 donna.turner@kw.com GA #340974 1107 McDonough Place 1109 McDonough Place

KW COMMERCIAL354 Newnan Crossing Bypass,Suite 235Newnan, GA 30265

Each Office Independently Owned and Operated kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DONNA TURNERCommercial Director0: 770.252.2266C: [email protected] #340974

OFFERING SUMMARY

SALE PRICE: $325,000

LOT SIZE: 0.04 Acres

YEAR BUILT: 1998

BUILDING SIZE: 2,000 SF

ZONING: C-3

MARKET: Atlanta

SUBMARKET:McDonough/Butts

County

TRAFFIC COUNT: 27,500 VPD

PRICE / SF: $162.50

PROPERTY OVERVIEWInvestment Sale of Two Fully-Lease 1,000 SF Condos in McDonough, GA offeredat an 8.9% Cap Rate. Excellent opportunity for entry-level investor or experiencedpro desiring to expand his portfolio. McDonough, considered a suburb of Atlanta,is located approximately 30 miles southeast of Atlanta

PROPERTY HIGHLIGHTS

• 2 Fully-Leased Retail Condos in Retail Center

• Located in McDonough Place Shopping Center

• On the Corner of McDonough Pkwy & Jonesboro Rd

• Access to I-75 is Minutes Away

• Just South of Historic Downtown McDonough

• Well-Maintained Properties

• Stable Tenants in Place

• Asking Price: $325,000

• Cap Rate: 8.9%

• Henry County

1107 & 1109 McDonough Place, McDonough, GA 30253

2 FULLY-LEASED RETAIL CONDOS FOR SALE

RETAIL FOR SALE

Page 2: 2 FULLY-LEASED RETAIL CONDOS FOR SALE€¦ · DONNA TURNER Commercial Director 0: 770.252.2266 C: 770.363.2537 donna.turner@kw.com GA #340974 1107 McDonough Place 1109 McDonough Place

KW COMMERCIAL354 Newnan Crossing Bypass,Suite 235Newnan, GA 30265

Each Office Independently Owned and Operated kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DONNA TURNERCommercial Director0: 770.252.2266C: [email protected] #340974

1107 McDonough Place

1109 McDonough Place

1107 & 1109 McDonough Place, McDonough, GA 30253

2 FULLY-LEASED RETAIL CONDOS FOR SALE

RETAIL FOR SALE

Page 3: 2 FULLY-LEASED RETAIL CONDOS FOR SALE€¦ · DONNA TURNER Commercial Director 0: 770.252.2266 C: 770.363.2537 donna.turner@kw.com GA #340974 1107 McDonough Place 1109 McDonough Place

KW COMMERCIAL354 Newnan Crossing Bypass,Suite 235Newnan, GA 30265

Each Office Independently Owned and Operated kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DONNA TURNERCommercial Director0: 770.252.2266C: [email protected] #340974

2 Fully-Leased RetailCondos For Sale

2 Fully-Leased RetailCondos For Sale

1107 & 1109 McDonough Place, McDonough, GA 30253

2 FULLY-LEASED RETAIL CONDOS FOR SALE

RETAIL FOR SALE

Page 4: 2 FULLY-LEASED RETAIL CONDOS FOR SALE€¦ · DONNA TURNER Commercial Director 0: 770.252.2266 C: 770.363.2537 donna.turner@kw.com GA #340974 1107 McDonough Place 1109 McDonough Place

KW COMMERCIAL354 Newnan Crossing Bypass,Suite 235Newnan, GA 30265

Each Office Independently Owned and Operated kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DONNA TURNERCommercial Director0: 770.252.2266C: [email protected] #340974

1107 & 1109 McDonough Place, McDonough, GA 30253

2 FULLY-LEASED RETAIL CONDOS FOR SALE

RETAIL FOR SALE

Page 5: 2 FULLY-LEASED RETAIL CONDOS FOR SALE€¦ · DONNA TURNER Commercial Director 0: 770.252.2266 C: 770.363.2537 donna.turner@kw.com GA #340974 1107 McDonough Place 1109 McDonough Place

KW COMMERCIAL354 Newnan Crossing Bypass,Suite 235Newnan, GA 30265

Each Office Independently Owned and Operated kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DONNA TURNERCommercial Director0: 770.252.2266C: [email protected] #340974

POPULATION 1 MILE 3 MILES 5 MILES

Total population 5,683 33,783 69,255

Median age 30.8 32.7 33.8

Median age (male) 27.9 30.3 32.4

Median age (Female) 33.0 34.4 34.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 2,075 12,043 24,180

# of persons per HH 2.7 2.8 2.9

Average HH income $55,126 $62,321 $72,353

Average house value $180,514 $202,504 $221,956

* Demographic data derived from 2010 US Census

1107 & 1109 McDonough Place, McDonough, GA 30253

2 FULLY-LEASED RETAIL CONDOS FOR SALE

RETAIL FOR SALE