Leased Retail Strip
2731 Mount Zion Parkway Jonesboro, GA 30236
2731 Mount Zion Parkway, Jonesboro, GA, 30236
$1,500,000
For Sale
$1,500,000
Four-unit storefront strip mall is 100% leased and offers ample parking near I-75.
Property Size6,000 SF
Price / SF$250
Days on Market390
Property Features for 2731 Mount Zion Parkway
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing agency
Royal Realty
(678) 936-4849
Listed by
George Williams · License #302681
(678) 936-4849
Source
Xome
Added: Jun 29, 2025 Updated: Jul 22 at 2:24AM Checked: Jul 22 at 2:24AM
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 Royal Realty
Investment Insights
Based on property information with market context.
This retail storefront strip mall totals 6,000 square feet and is configured as four separate units, with 100% occupancy reported. The property is described as having modern architecture and is offered as an investment opportunity for portfolio diversification.
The building is located at 2731 Mount Zion Parkway in Jonesboro, Georgia, and is positioned close to I-75 for convenient regional access. The site also provides ample parking intended to support both customers and employees.
The building is located at 2731 Mount Zion Parkway in Jonesboro, Georgia, and is positioned close to I-75 for convenient regional access. The site also provides ample parking intended to support both customers and employees.
Key Highlights
- 4‑unit storefront strip mall building, 100% leased
- 6,000 SF building (storefront retail)
- Year built: 2002
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 | $131.8k | $21.96 |
| − Vacancy | −$11.2k | −$1.87 |
| EGI | $120.6k | $20.09 |
| − OpEx | −$36.2k | −$6.03 |
| NOI | $84.4k | $14.07 |
6,000 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.21M
$1.05M – $1.41M
NOI $84,392 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,406 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gentlemen's Quarters Brbrshp
Barber Shop
Tashagrowsmyhair
Hair Salon
Loved By Lo ...
Hair Salon
Salon GP Llc
Hair Salon
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FAQs
What type of property is this?
Strip mall - Four-unit storefront strip mall is 100% leased and offers ample parking near I-75.
Where is this strip mall located?
The property is located at 2731 Mount Zion Parkway Jonesboro, 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: 4‑unit storefront strip mall building, 100% leased; 6,000 SF building (storefront retail); Year built: 2002
