Retail Storefront
119 Old Griffin Road McDonough, GA 30253
For Sale
$300,000
For sale storefront retail property on Old Griffin Road, suited for a wide range of neighborhood-focused businesses.
Property Size1,185 SF
Price / SF$253.16
Days on Market122
Property Features for 119 Old Griffin Road
General Information
Standard status
Active
Size
1,185 SF
Property subtype
Retail
Building Details
Year Built
1943
Listing Agency:
The Realty Group
(770) 480-8222
Listed By:
Mary Gill
(770) 480-8222
Source:
Xome
Added: Mar 31
Changed: Jul 10
Last Checked: Jul 30 at 3:58AM
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 The Realty Group
Investment Insights
Based on property information with market context.
This property is a retail storefront space offered for sale. It’s positioned as a commercial retail option suitable for tenants or owners looking for a straightforward storefront format. The listing does not provide additional details on interior buildout, layout, or condition, so due diligence will be important for confirming specific operational requirements.
Located at 119 Old Griffin Road in McDonough, Georgia, the property benefits from a direct roadway setting along Old Griffin Road. That placement can support walk-up and local drive-by activity, making it a practical consideration for businesses that rely on frequent, everyday customer access.
As a storefront retail property, the space may fit retail users, service businesses, or other neighborhood commercial concepts that operate from a customer-facing frontage. Because the available information is limited beyond the storefront designation and sale offering, prospective buyers should evaluate factors such as signage, access points, and interior configuration during inspections and review of any available documents. This is a simple retail-focused asset with clear identity as a storefront, offering an on-the-ground opportunity for an owner-operator or investor after confirming the property’s specifics.
Located at 119 Old Griffin Road in McDonough, Georgia, the property benefits from a direct roadway setting along Old Griffin Road. That placement can support walk-up and local drive-by activity, making it a practical consideration for businesses that rely on frequent, everyday customer access.
As a storefront retail property, the space may fit retail users, service businesses, or other neighborhood commercial concepts that operate from a customer-facing frontage. Because the available information is limited beyond the storefront designation and sale offering, prospective buyers should evaluate factors such as signage, access points, and interior configuration during inspections and review of any available documents. This is a simple retail-focused asset with clear identity as a storefront, offering an on-the-ground opportunity for an owner-operator or investor after confirming the property’s specifics.
Key Highlights
- Corner lot with 50 parking spaces and lot dimensions of 159 x 160
- Storefront retail property built in 1943
- Parking includes asphalt and gravel road access and paved road frontage
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 | $26.0k | $21.96 |
| − Vacancy | −$2.2k | −$1.87 |
| EGI | $23.8k | $20.09 |
| − OpEx | −$7.1k | −$6.03 |
| NOI | $16.7k | $14.07 |
1,185 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$238.1K
$208.3K – $277.8K
NOI $16,667 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.3K
$289.9K – $386.5K
NOI $23,188 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - For sale storefront retail property on Old Griffin Road, suited for a wide range of neighborhood-focused businesses.
Where is this storefront property located?
The property is located at 119 Old Griffin Road McDonough, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Corner lot with 50 parking spaces and lot dimensions of 159 x 160; Storefront retail property built in 1943; Parking includes asphalt and gravel road access and paved road frontage
