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5680 Old Dixie Hwy, Forest Park, GA 30297
Occupied neighborhood retail property with recent roof, paving, and HVAC improvements.
Property Size13,200 SF
Price / SF$284.09
Days on Market473
Property Features for 5680 Old Dixie Hwy
General Information
Standard status
Active
Size
13,200 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Gross
Net Operating Income
$386,993
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2007
Year Renovated
2022
Buildings
1
Stories
1
Units
10
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Salim Valiani · License #FL 3105421
(407) 620-2416
Source:
Crexi
Added: Jun 30, 2025
Changed: Oct 13
Last Checked: Oct 14 at 8:34PM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
This 13,200-square-foot shopping center contains five tenant spaces and is reported at 100 percent occupancy. Building improvements completed in 2022 included roof replacement, parking lot resurfacing, and replacement of 50 percent of the HVAC units.
The property is located at 5680 Old Dixie Hwy in Forest Park, Georgia, within the Atlanta MSA. Old Dixie Highway carries nearly 20,000 vehicles per day, while the center is positioned near I-75 and Atlanta’s Hartsfield-Jackson Airport. The surrounding area includes nearly 72,000 people within a three-mile radius.
The property is located at 5680 Old Dixie Hwy in Forest Park, Georgia, within the Atlanta MSA. Old Dixie Highway carries nearly 20,000 vehicles per day, while the center is positioned near I-75 and Atlanta’s Hartsfield-Jackson Airport. The surrounding area includes nearly 72,000 people within a three-mile radius.
Key Highlights
- 13,200 SF shopping center with five tenants
- 100 percent occupancy across the center
- Roof replaced in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,663
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,713,260
$3.7M
Cap Rate 7%
$2,652,329
$2.7M
Cap Rate 9%
$2,062,922
$2.1M
Market Conditions
NOI Build-Up for 13,200 SF
Gross rent
$289.9K $21.96/SF
− Vacancy
−$24.6K −$1.87/SF
EGI
$265.2K $20.09/SF
− OpEx
−$79.6K −$6.03/SF
NOI
$185.7K $14.07/SF
Area
Clayton 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 Rate 5%
$3,713,260
Cap Rate 7%
$2,652,329
Cap Rate 9%
$2,062,922
Alternative Uses
Best Use
Retail
$2.65M
$2.32M – $3.09M
NOI $185,663 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.69M
$3.23M – $4.30M
NOI $258,293 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30297, GA
29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Occupied neighborhood retail property with recent roof, paving, and HVAC improvements.
Where is this shopping center located?
The property is located at 5680 Old Dixie Hwy Forest Park, GA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 13,200 SF shopping center with five tenants; 100 percent occupancy across the center; Roof replaced in 2022
