1662 Ga-138 Conyers, GA 30013
- Retail properties
- 7,800 SF
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1662 Ga-138
- Year built
- 1984
- Property size
- 7,800 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This exceptional investment opportunity presents a 7,800-square-foot retail property located at 1662 GA-138 in Conyers, Georgia (30013), within Rockdale County. The property, built in 1984, is a single-story building situated on a C2-zoned lot and features 14 parking spaces. Currently occupied by a credit-rated AAMCO Transmissions under a modified lease with rent bumps, offering immediate income generation. The lease commenced May 1, 2023, and expires December 31, 2027, leaving a remaining term of approximately 3.1 years. The asking price is $1,200,000, translating to $153.85 per square foot. The property boasts 100% occupancy across its two units. This prime location on a busy Metro Atlanta street ensures high visibility and traffic. The property's strong tenant history and high traffic count make it an attractive investment. Note that an adjacent property at 1672 Hwy. 138 NE is also available for sale, offering the potential for a larger acquisition. The land value is estimated at $153-$154 per square foot. This is a turnkey opportunity for investors seeking immediate returns or businesses looking to expand their operations. The property is owned by Hwy 138 Rental Properties, LLC. APN: 0690010089.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conyers
- County
- Rockdale
- State
- Georgia
- Longitude
- -83.994
- Latitude
- 33.6652
