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Shopping Center Retail Space

4020-4020 E Lake Pkwy, McDonough, GA 30253

For Lease
$2,200/Mo

An operating smoke shop occupies the premises, with availability expected in January 2027 subject to the tenant surrendering possession.

Space SizeContact for details
Days on Market10

Property Features for 4020-4020 E Lake Pkwy

General Information

Standard status Active

Space & Availability

Space Use Retail
Available From 2027-01

Lease Terms

Lease Rate $2,200 /MO
Monthly Rent $2,200

Additional Details

Road Access Yes
Currently Operating Yes

Amenities

on-site customer parking

Building Details

Tenancy Multi
Listing Agency: Citywide Realty Co
Listed By: Latika Archuleta · License GA #184058
Source: Exprealty
Added: Nov 1 Changed: Nov 8 Last Checked: Nov 8 at 4:57PM

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 Citywide Realty Co

Rey
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Investment Insights

Based on property information with market context.

This retail space is part of an established, multi-tenant shopping center. The premises are currently occupied by an operating smoke shop, and availability is anticipated in January 2027, contingent on the existing tenant surrendering possession. The tenant may consider a separate sale of the smoke shop business; any such transaction is separate from the real estate lease and would be negotiated independently.

The center is on East Lake Parkway and provides on-site customer parking. The space is offered for lease, with use subject to landlord approval and applicable zoning.

Key Highlights

  • Retail premises within an established multi‑tenant shopping center
  • Currently occupied by an operating smoke shop
  • Anticipated availability in January 2027, subject to tenant surrender of possession

Property Analytics

Current Use

Retail space

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.55 /SF/Yr
CAM

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

Lease Benchmarks for McDonough, GA

$8.56 /SF/Yr
Avg Asking Price
$1.61–$22.38 /SF/Yr
Price Range
8,647 SF
Avg Space Size

This space is priced 57% below the average of $8.56 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Henry County, GA

$7.46 Jul
$11.86 Aug
$12.69 Sep
$12.82 Oct

Properties on Market for Retail space in Henry County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An operating smoke shop occupies the premises, with availability expected in January 2027 subject to the tenant surrendering possession.
Where is this retail space located?
The property is located at 4020-4020 E Lake Pkwy McDonough, GA.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Retail premises within an established multi‑tenant shopping center; Currently occupied by an operating smoke shop; Anticipated availability in January 2027, subject to tenant surrender of possession
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