Retail Strip Center For
For Sale
Contact for pricing
5456 W Fayetteville Rd, Atlanta, GA 30349
Well-maintained retail strip center with stable cash flow.
Property Size19,435 SF
Lot Size6.17 Acres
Price / SF$194.24
Days on Market194
Property Features for 5456 W Fayetteville Rd
General Information
Standard status
Active
Size
19,435 SF
Total Parking Spaces
100
Lot size
6.17 Acres
Property subtype
Retail
Zoning
PUD
Occupancy
90%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$270,115
Building Details
Year Built
2010
Year Renovated
2023
Buildings
1
Units
8
Tenancy
Multi
Listing Agency:
Sands Investment Group
(858) 212-7473
Listed By:
Lasha Kortava · License #GA 391027
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Jul 19 at 7:15AM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
The Shoppes at River Station is a multi-tenant retail strip center constructed in 2010. The property has a total area of 19,435 square feet and is situated on a 6.17-acre lot. The property is 100% occupied and offers stable in-place cash flow within a strong neighborhood retail setting. The asset is offered at a 7.01% CAP rate with Triple Net (NNN) Leases in place, providing predictable income, limited landlord responsibilities, and long-term investment stability.
Key Highlights
- 100% Occupied: Provides immediate and stable cash flow.
- 7.01% CAP Rate: Attractive return on investment.
- Triple Net (NNN) Leases: Limits landlord responsibilities and ensures predictable income.
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
$226,515
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
6.00%
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%
$4,530,300
$4.5M
Cap Rate 7%
$3,235,929
$3.2M
Cap Rate 9%
$2,516,833
$2.5M
Market Conditions
NOI Build-Up for 19,435 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
$349.8K $18.00/SF
− Vacancy
−$26.2K −$1.35/SF
EGI
$323.6K $16.65/SF
− OpEx
−$97.1K −$5.00/SF
NOI
$226.5K $11.66/SF
Area
ZIP 30349
Vacancy
7.50%
Lease Rate
$18.00 /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%
$4,530,300
Cap Rate 7%
$3,235,929
Cap Rate 9%
$2,516,833
Alternative Uses
Best Use
Retail
$3.24M
$2.83M – $3.78M
NOI $226,515 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.46M
$4.78M – $6.37M
NOI $382,014 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Explore this area
Business Placement
Demographics for 30349, GA
81,320
Population
34,176
Households
2.4
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
45.9 sq mi
ZIP Area
1,772
Density / Sq Mi
$64,732
Median Household Income
$39,195
Median Earnings
$1,323
Median Rent
$236,800
Median Home Value
Market
Vacancy Rate% for Retail in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Well-maintained retail strip center with stable cash flow.
Where is this strip mall located?
The property is located at 5456 W Fayetteville Rd Atlanta, GA.
What is the asking price?
The asking price for this property is $3,775,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate and stable cash flow.; 7.01% CAP Rate: Attractive return on investment.; Triple Net (NNN) Leases: Limits landlord responsibilities and ensures predictable income.
