Cascade Promenade Shopping
For Sale
Contact for pricing
1075 Fairburn Road Southwest, Atlanta, GA 30331
Fully leased retail center positioned near major food, tire-service, and grocery anchors.
Property Size13,278 SF
Price / SF$376.19
Days on Market58
Property Features for 1075 Fairburn Road Southwest
General Information
Standard status
Active
Size
13,278 SF
Total Parking Spaces
79
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$329,599
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Riverwood Properties llc Atlanta
Listed By:
Lexi Parks · License #443160
(770) 955-7660
Source:
Crexi
Added: Aug 10
Changed: Oct 3
Last Checked: Oct 5 at 3:44PM
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 Riverwood Properties llc Atlanta
Investment Insights
Based on property information with market context.
Cascade Promenade is a 13,278-square-foot shopping center completed in 2004. The property is reported as 100% leased, providing an occupied retail configuration for commercial real estate buyers. Its established center format supports multiple retail occupants within one investment property.
The center is located at 1075 Fairburn Road Southwest near the Fairburn Road and Cascade Road intersection. Chick-fil-A and Tires Plus are adjacent, while a Publix-anchored shopping center is positioned across the street. These surrounding retail and service uses place the property within an active commercial setting.
The center is located at 1075 Fairburn Road Southwest near the Fairburn Road and Cascade Road intersection. Chick-fil-A and Tires Plus are adjacent, while a Publix-anchored shopping center is positioned across the street. These surrounding retail and service uses place the property within an active commercial setting.
Key Highlights
- 13,278‑square‑foot shopping center
- 100% leased retail property
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,755
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,095,100
$3.1M
Cap Rate 7%
$2,210,786
$2.2M
Cap Rate 9%
$1,719,500
$1.7M
Market Conditions
NOI Build-Up for 13,278 SF
Gross rent
$239.0K $18.00/SF
− Vacancy
−$17.9K −$1.35/SF
EGI
$221.1K $16.65/SF
− OpEx
−$66.3K −$5.00/SF
NOI
$154.8K $11.66/SF
Area
ZIP 30331
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,095,100
Cap Rate 7%
$2,210,786
Cap Rate 9%
$1,719,500
Alternative Uses
Best Use
Retail
$2.21M
$1.93M – $2.58M
NOI $154,755 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,820 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30331, GA
60,770
Population
27,314
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
1,612
Density / Sq Mi
$61,548
Median Household Income
$41,047
Median Earnings
$1,264
Median Rent
$277,900
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 Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center positioned near major food, tire-service, and grocery anchors.
Where is this shopping center located?
The property is located at 1075 Fairburn Road Southwest Atlanta, GA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 13,278‑square‑foot shopping center; 100% leased retail property; Built in 2004
