Fully Occupied 4-Bay Strip
For Sale
$1,190,000
11274 Tara Blvd, Hampton, GA 30228
Retail center at the Tara Boulevard and McDonough Road intersection with four occupied storefronts and established retail tenancy.
Property Size6,750 SF
Days on Market200
Property Features for 11274 Tara Blvd
General Information
Standard status
Active
Size
6,750 SF
Property subtype
Strip Center
Building Details
Building Size
6,750 SF
Year Built
2006
Listing Agency:
SVN | Interstate Brokers and Auction
Listed By:
Tom Hunter · License #141265
(404) 303-1232
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 8:47PM
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 SVN | Interstate Brokers and Auction
Investment Insights
Based on property information with market context.
Built in 2006, this four-bay strip mall is fully occupied by World Finance, Kinsmith Finance, Smoothie King, and GoldenKrust Restaurant. The property offers a compact retail-center configuration with a mix of financial, food, and restaurant users.
The center sits at the intersection of Tara Boulevard, identified as US19/41, and McDonough Road in Hampton, within a metro Atlanta suburb. Surrounding retail includes Walmart, Home Depot, Food Depot, ALDI, McDonald’s, Chick-fil-A, Burger King, Chipotle, Wells Fargo, Panera, Lovejoy Station Shopping Center, and Centre of Lovejoy Shopping Center. Atlanta Motor Speedway, Lovejoy Recreational Park and Soccer Fields, and Lovejoy High School are also nearby.
The center sits at the intersection of Tara Boulevard, identified as US19/41, and McDonough Road in Hampton, within a metro Atlanta suburb. Surrounding retail includes Walmart, Home Depot, Food Depot, ALDI, McDonald’s, Chick-fil-A, Burger King, Chipotle, Wells Fargo, Panera, Lovejoy Station Shopping Center, and Centre of Lovejoy Shopping Center. Atlanta Motor Speedway, Lovejoy Recreational Park and Soccer Fields, and Lovejoy High School are also nearby.
Key Highlights
- Fully occupied four‑bay strip mall
- Tenants include World Finance, Kinsmith Finance, Smoothie King, and GoldenKrust Restaurant
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,941
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,898,820
$1.9M
Cap Rate 7%
$1,356,300
$1.4M
Cap Rate 9%
$1,054,900
$1.1M
Market Conditions
NOI Build-Up for 6,750 SF
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.
Gross rent
$148.2K $21.96/SF
− Vacancy
−$12.6K −$1.87/SF
EGI
$135.6K $20.09/SF
− OpEx
−$40.7K −$6.03/SF
NOI
$94.9K $14.07/SF
Area
Henry 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,898,820
Cap Rate 7%
$1,356,300
Cap Rate 9%
$1,054,900
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.58M
NOI $94,941 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,082 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Zaxby's Chicken Fingers & Buffalo Wings
Dining
15,669 visits/mo
0.2 miles
Burger King
Dining
9,674 visits/mo
0.2 miles
Papa John's Pizza
Dining
3,650 visits/mo
0.3 miles
SUBWAY
Dining
2,402 visits/mo
0.2 miles
Demographics for 30228, GA
51,000
Population
18,069
Households
2.8
Avg Household Size
36
Median Age
28%
College-Educated
92%
High-School Grad
73.1 sq mi
ZIP Area
698
Density / Sq Mi
$81,448
Median Household Income
$43,008
Median Earnings
$1,549
Median Rent
$263,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail center at the Tara Boulevard and McDonough Road intersection with four occupied storefronts and established retail tenancy.
Where is this strip mall located?
The property is located at 11274 Tara Blvd Hampton, GA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Fully occupied four‑bay strip mall; Tenants include World Finance, Kinsmith Finance, Smoothie King, and GoldenKrust Restaurant; Built in 2006
