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Retail Investment Opportunity in Forest
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6324 Old Dixie Hwy -Unit A, Forest Park, GA 30297

Retail investment property with two tenants and high visibility.

Property Size1,043 SF
Price / SF$934.80
Days on Market1471

Property Features for 6324 Old Dixie Hwy -Unit A

General Information

Standard status Active
Size 1,043 SF
Class C
Property subtype Retail
Zoning ODHTL
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $70,000

Building Details

Year Built 1987
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: Badon Commercial Real Estate
Listed By: Adesola Badon · License #GA 279172
Source: Crexi
Added: Aug 22, 2022 Changed: Aug 22 Last Checked: Aug 28 at 11:42PM

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 Badon Commercial Real Estate

Investment Insights

Based on property information with market context.

This investment property features two tenants: Velox Insurance and JR Cricket Restaurant and Lounge. Unit A is available for immediate occupancy. The space is suitable for community financial services such as check cashing, title loans, insurance agencies, and bail bonds, or personal grooming services, including nail salons, wax labs, hair salons, and barber shops. The property offers high visibility to major highways and thoroughfares. It presents an opportunity for a 1031 tax exchange, owner/user, or buy and hold for corridor expansion. The property size is 1043 square feet.

Key Highlights

  • Investment property with two existing tenants: Velox Insurance & JR Cricket Restaurant and Lounge.
  • Opportunity for 1031 tax exchange.
  • Unit A available for immediate occupancy.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Dining 18%
Texaco Shops & Services
17,438 visits/mo 0.5 miles
dd's DISCOUNTS Shops & Services
14,058 visits/mo 0.4 miles
Checkers Dining
6,818 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - Retail investment property with two tenants and high visibility.
Where is this retail space located?
The property is located at 6324 Old Dixie Hwy -Unit A Forest Park, GA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Investment property with two existing tenants: Velox Insurance & JR Cricket Restaurant and Lounge.; Opportunity for 1031 tax exchange.; Unit A available for immediate occupancy.
(678) 358-2492 Call to check price and availability
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