Shopping Center with Vacant
For Sale
Contact for pricing
Pending
1050 RICHARD D SAILORS PKWY, Powder Springs, GA 30127
Service-oriented retail center with an available suite and established neighboring retail anchors.
Property Size15,050 SF
Days on Market50
Property Features for 1050 RICHARD D SAILORS PKWY
General Information
Standard status
Pending
Size
15,050 SF
Property subtype
Retail
Occupancy
90%
Net Operating Income
$284,674
Building Details
Year Built
2007
Stories
1
Tenancy
Multi
Listing Agency:
Franklin Street Atlanta
Listed By:
Bryan Belk · License #329335
(404) 842-1755
Source:
Crexi
Added: Aug 31
Changed: Oct 16
Last Checked: Oct 16 at 6:58AM
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 Franklin Street Atlanta
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Investment Insights
Based on property information with market context.
This 15,050-square-foot shopping center was built in 2007 and includes a 1,400-square-foot vacant unit. Existing occupancy is composed of service-oriented businesses, including medical, hair, nail, spa, and tutoring uses.
The property is located at 1050 Richard D Sailors Pkwy in Powder Springs, Georgia. It occupies an outparcel associated with Home Depot and Extra Space Storage and is adjacent to a Publix-anchored shopping center, placing the center within a cluster of established retail destinations.
The property is located at 1050 Richard D Sailors Pkwy in Powder Springs, Georgia. It occupies an outparcel associated with Home Depot and Extra Space Storage and is adjacent to a Publix-anchored shopping center, placing the center within a cluster of established retail destinations.
Key Highlights
- 15,050‑square‑foot shopping center built in 2007
- 1,400‑square‑foot vacant unit
- Outparcel to Home Depot and Extra Space Storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,684
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,233,680
$4.2M
Cap Rate 7%
$3,024,057
$3.0M
Cap Rate 9%
$2,352,044
$2.4M
Market Conditions
NOI Build-Up for 15,050 SF
Gross rent
$330.5K $21.96/SF
− Vacancy
−$28.1K −$1.87/SF
EGI
$302.4K $20.09/SF
− OpEx
−$90.7K −$6.03/SF
NOI
$211.7K $14.07/SF
Area
Cobb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,233,680
Cap Rate 7%
$3,024,057
Cap Rate 9%
$2,352,044
Alternative Uses
Best Use
Retail
$3.02M
$2.65M – $3.53M
NOI $211,684 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,823 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Shops & Services 29%
Home Improvements & Furnishings 23%
Dining 9%
Publix
Groceries
44,817 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
27,270 visits/mo
0.1 miles
Wells Fargo
Shops & Services
12,397 visits/mo
0.3 miles
Wendy's
Dining
10,910 visits/mo
0.4 miles
The UPS Store
Shops & Services
7,672 visits/mo
0.2 miles
Demographics for 30127, GA
68,574
Population
25,289
Households
2.7
Avg Household Size
40
Median Age
40%
College-Educated
92%
High-School Grad
51.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$104,997
Median Household Income
$48,049
Median Earnings
$1,800
Median Rent
$322,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Service-oriented retail center with an available suite and established neighboring retail anchors.
Where is this shopping center located?
The property is located at 1050 RICHARD D SAILORS PKWY Powder Springs, GA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 15,050‑square‑foot shopping center built in 2007; 1,400‑square‑foot vacant unit; Outparcel to Home Depot and Extra Space Storage
