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Fully Leased 7-Unit Retail Center
For Sale
Contact for pricing
Pending

10247 Tara Blvd, Jonesboro, GA 30236

Seven-unit shopping center built in 2007, fully leased and producing current annual NOI of $111,690.63.

Property Size9,600 SF
Days on Market149

Property Features for 10247 Tara Blvd

General Information

Standard status Pending
Size 9,600 SF
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 6.2%

Building Details

Year Built 2007
Tenancy Multi
Listing Agency: Michael Bailey Commercial Realty
Listed By: Michael Bailey · License #GA H79944
Source: Crexi
Added: Apr 12 Changed: Aug 24 Last Checked: Sep 6 at 11:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Bailey Commercial Realty

Investment Insights

Based on property information with market context.

This 7-unit shopping center totals 9,600 square feet and was built in 2007. The property is currently fully leased and is producing annual NOI of $111,690.63, with a stated 6.2% capitalization rate.

The center is listed for sale and priced at $1,800,000, with additional financial documentation available upon request, including the rent roll.

Arranged as seven separate retail units within a single shopping center structure, the property offers an income-producing configuration with multiple tenants under one roof.

Key Highlights

  • 7‑unit shopping center built in 2007
  • Fully leased property producing annual NOI of $111,690.63
  • 6.2% cap rate priced at $1,800,000

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
80k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 51% Shops & Services 35% Dining 14%
Kroger Groceries
41,207 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
12,607 visits/mo 0.2 miles
Chevron Shops & Services
9,191 visits/mo 0.1 miles
Dollar General Shops & Services
6,343 visits/mo 0.0 miles
Checkers Dining
5,238 visits/mo 0.3 miles

Demographics for 30236, GA

50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Seven-unit shopping center built in 2007, fully leased and producing current annual NOI of $111,690.63.
Where is this shopping center located?
The property is located at 10247 Tara Blvd Jonesboro, GA.
What are key features of this property?
This property features: 7‑unit shopping center built in 2007; Fully leased property producing annual NOI of $111,690.63; 6.2% cap rate priced at $1,800,000
(478) 262-5859 Call to check price and availability
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