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Leased Retail Strip Center
For Sale
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Pending

4020 East Lake Parkway, McDonough, GA 30253

Class B strip center is 100% leased with long-term, essential-services tenants in a high-traffic area.

Property SizeContact for details
Days on Market148

Property Features for 4020 East Lake Parkway

General Information

Standard status Pending
Class Class B
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 30,800 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Metro Brokers
Listed By: Patrick Carter · License #GA
Source: Crexi
Added: Apr 12 Changed: Aug 16 Last Checked: Sep 4 at 2:50PM

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 Coldwell Banker Commercial Metro Brokers

Investment Insights

Based on property information with market context.

This for-sale retail strip center is a Class B income-producing property with 100% occupancy and long-term tenants in place. The center is positioned to generate current stabilized income, with upside described as a value-add opportunity through rent escalation.

The property is located in the Eagles Landing Community at 4020 East Lake Parkway in McDonough, Georgia, approximately 23 minutes south of downtown Atlanta. The offering notes a high-traffic environment (30,800) and visibility suited to essential-services tenants within an established and growing metro Atlanta area.

Key Highlights

  • 100% leased income‑producing strip center with long‑term tenants
  • Class B strip center
  • Located in a high‑traffic area with 30,800 traffic count

Property Analytics

Current Use

National Pre-Employment Research, ... Employment Agency D&K Smoke Shop (Bike/Boat/Book/etc) Store Showtime Roadside Services Auto Repair Shop Carolyn Preston Taylor ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Grocery & Convenience Store Locksmith Restaurant

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

30,800 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 88% Shops & Services 12%
McDonald's Dining
19,938 visits/mo 0.3 miles
Waffle House Dining
4,835 visits/mo 0.3 miles
Marathon Shops & Services
3,309 visits/mo 0.2 miles

Demographics for 30253, GA

62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Class B strip center is 100% leased with long-term, essential-services tenants in a high-traffic area.
Where is this strip mall located?
The property is located at 4020 East Lake Parkway McDonough, GA.
What are key features of this property?
This property features: 100% leased income‑producing strip center with long‑term tenants; Class B strip center; Located in a high‑traffic area with 30,800 traffic count
More about this property
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