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    1467 Ga-20 McDonough, GA 30253

    Sponsored
    For Lease
    $6 SF/Yr

    High-visibility retail space, 28,666 SF available.

    Lot size:
    111,908 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents 28,666 square feet of prime big-box space in McDonough, Georgia. Located at 1467 GA-20 in Henry County, this former American Freight building offers a single, expansive suite within a 111,908 square foot building. The space boasts a highly visible location with prime signage placement on a main thoroughfare. The property is available via a direct assignment of lease with a favorable rental rate of $6.50 per square foot, plus an additional $2.00 per square foot covering expenses, taxes, and insurance (triple net lease). The lease term is five years with options for extension, providing long-term stability. Recent renovations include the installation of brand new LED lighting throughout the space and brand new HVAC units. The interior has been prepared for immediate occupancy, featuring a wide-open layout (excluding a few interior support poles) and high ceilings with finished concrete flooring. This is the last remaining big box retail space in McDonough currently available at below-market rental rates, making it an exceptional value for prospective tenants. Most commercial uses are permitted. The property's zip code is 30253.

    Property Features for 1467 Ga-20

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,908 SF
    Total Rate
    60616.83

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Former American Freight
    Size
    28,666 SF
    Rate per SF
    $6

    HighLights

    • Last remaining large retail space in McDonough, offering below‑market rent.
    • 28,666 SF former American Freight retail space.
    • High‑ceilinged, open floor plan with new LED lighting and HVAC.
    • Prominent monument signage.
    • Direct lease assignment at $6.50/SF.
    • Two private dock‑high loading doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1848138
    Latitude
    33.4224089

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility retail space, 28,666 SF available.
    Where is this individual retail property located?
    The property is located at 1467 Ga-20 McDonough, GA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Last remaining large retail space in McDonough, offering below-market rent.; 28,666 SF former American Freight retail space.; High-ceilinged, open floor plan with new LED lighting and HVAC.
    Request Owner's contact information
    1467 Ga-20 McDonough, GA 30253
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    McDonough, GA 30253
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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
    1467 Ga-20 McDonough, GA 30253
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