116 W Bankhead Hwy, Villa Rica, GA 30180
4621 SF retail building available for sale or lease.
- Added:
- Mar 4, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 2:32 pm
Property Features for 116 W Bankhead Hwy
General Information
- Standard status
- Active
- Size
- 4,621 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1947
Listing office Atlanta Commercial Real Estate Brokers
Listing date Mar 4, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Commercial Real Estate Brokers
HighLights
- 4‑unit retail building available
- 4621 SF building offers ample space
- For sale or lease, providing flexibility
- As‑is condition, presenting a unique opportunity
- Proposed renovation plans included, offering vision
- Built in 1947
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.5k | $21.96 |
| − Vacancy | −$8.6k | −$1.87 |
| EGI | $92.9k | $20.09 |
| − OpEx | −$27.9k | −$6.03 |
| NOI | $65.0k | $14.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Villa Rica
- County
- Carroll
- State
- Georgia
- Longitude
- -84.92127
- Latitude
- 33.732507
