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    1340 Southlake Pkwy Morrow, GA 30260

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Retail Building, High Visibility, 7.8 Acres

    Lot size:
    31,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1340 Southlake Pkwy in Morrow, Georgia, offers 31,062 square feet of leasable space in a single-story building. Constructed in 1988 and extensively renovated in 2019, the property is in excellent condition and move-in ready. The building boasts a Class B rating and is situated on a substantial 7.8-acre lot, providing ample space for expansion or additional development. Its strategic location adjacent to Southlake Mall ensures high traffic volume and excellent road and highway visibility, maximizing exposure to potential customers. The property features a high loading dock, making logistics efficient. The zoning designation is BG. An additional approximately 4.6 acres of land is available for sale or ground lease, presenting a unique opportunity to expand the property or develop adjacent land. This property is ideal for a variety of retail uses and represents a compelling investment opportunity in a thriving commercial area. The property is located in Clayton County, Georgia, zip code 30260. Utilities include power.

    Property Features for 1340 Southlake Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,062 SF
    Class
    B
    Total Rate
    36239

    Building Details

    Year Built/Renovated
    1988/2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    31,062 SF
    Rate per SF
    $14

    HighLights

    • Adjacent to Southlake Mall in Morrow, GA.
    • Excellent highway visibility and access.
    • 4.6 acres of adjacent land available for sale or ground lease.
    • Zoned BG.
    • High dock loading.
    Property Profile Location Intelligence

    Current Use by Public Records

    3D Auto Works Auto Repair Shop Bargain Plus LLC Appliance Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.34764878
    Latitude
    33.57580074

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Building, High Visibility, 7.8 Acres
    Where is this retail property located?
    The property is located at 1340 Southlake Pkwy Morrow, GA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Adjacent to Southlake Mall in Morrow, GA.; Excellent highway visibility and access.; 4.6 acres of adjacent land available for sale or ground lease.
    Request Owner's contact information
    1340 Southlake Pkwy Morrow, GA 30260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1340 Southlake Pkwy Morrow, GA 30260
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