Morrow Retail Investment
1891 Mt Zion Rd, Morrow, GA 30260
For Sale
Contact for pricing
Retail property with long-term lease in high-traffic location.
Property Size5,775 SF
Price / SF$259.74
Days on Market248
Property Features for 1891 Mt Zion Rd
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
Lineberry Real Estate
Listed By:
Bradford Lineberry · License TN #361841
Source:
Crexi
Added: Mar 9
Changed: Oct 26
Last Checked: Nov 10 at 7:30AM
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 Lineberry Real Estate
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Investment Insights
Based on property information with market context.
Located at 1891 Mount Zion Road in Morrow, GA, this property is currently leased to AT&T. The site is positioned approximately 16 miles south of downtown Atlanta. The property offers a long-term lease with New Cingular Wireless PCS, a subsidiary of AT&T, with multiple lease extensions. Situated along Mt Zion Road, the location benefits from high visibility, with a daily traffic count of 21,000 vehicles. It is also near I-75, which sees 128,000 vehicles daily. The property is located in a retail area with over 1 million square feet of retail space. The area has experienced an 11% increase in population since 2010 within a 10-mile radius. The property size is 5775 square feet.
Key Highlights
- Long‑term lease with New Cingular Wireless PCS (AT&T subsidiary) with multiple lease extensions, ensuring stable income.
- Prime location with high visibility on Mt Zion Road (21,000 daily vehicle count) and close proximity to I‑75 (128,000 daily vehicle count).
- Located in a thriving retail area with over 1 million square feet of retail space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,145
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,900
$1.4M
Cap Rate 7%
$1,002,071
$1.0M
Cap Rate 9%
$779,389
$779.4K
Market Conditions
NOI Build-Up for 5,775 SF
Gross rent
$104.0K $18.00/SF
− Vacancy
−$3.7K −$0.65/SF
EGI
$100.2K $17.35/SF
− OpEx
−$30.1K −$5.21/SF
NOI
$70.1K $12.15/SF
Area
Clayton County, GA
Vacancy
3.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,900
Cap Rate 7%
$1,002,071
Cap Rate 9%
$779,389
Alternative Uses
Best Use
Retail
$1.00M
$876.8K – $1.17M
NOI $70,145 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $113,003 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 26%
Home Improvements & Furnishings 8%
Chevron
Shops & Services
7,115 visits/mo
0.5 miles
Papa John's Pizza
Dining
2,855 visits/mo
0.5 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
919 visits/mo
0.5 miles
Demographics for 30260, GA
27,864
Population
9,858
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
78%
High-School Grad
10.9 sq mi
ZIP Area
2,556
Density / Sq Mi
$55,212
Median Household Income
$34,692
Median Earnings
$1,391
Median Rent
$189,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Clayton County, GA
Properties on Market for Retail space in Clayton County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with long-term lease in high-traffic location.
Where is this retail space located?
The property is located at 1891 Mt Zion Rd Morrow, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Long‑term lease with New Cingular Wireless PCS (AT&T subsidiary) with multiple lease extensions, ensuring stable income.; Prime location with high visibility on Mt Zion Road (21,000 daily vehicle count) and close proximity to I‑75 (128,000 daily vehicle count).; Located in a thriving retail area with over 1 million square feet of retail space.
