Current Use by Public Records
- Retail properties & Spaces
Property Details for 6728 Ga-85
- Year built
- 1979
- Lot size
- 4.75 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional mixed-use investment opportunity in Riverdale, Georgia, presents a portfolio of six buildings totaling 32,709 square feet situated on a 4.75-acre lot. The property, built in 1979 and renovated in 1998, comprises a mix of office and retail spaces currently boasting 93% occupancy as of August 1, 2024. The property's diverse tenant base generates a substantial net operating income (NOI) exceeding $614,275. Strategically located along GA Highway 85, this prime location offers unparalleled visibility and accessibility within a densely populated retail area, ensuring high foot and vehicular traffic. The property includes six buildings and three additional undeveloped parcels, presenting significant potential for future expansion and development. This stabilized investment offers immediate income generation from long-standing tenants, mitigating risk and promising both short-term returns and long-term growth potential. The property's strong tenant base and consistent occupancy history demonstrate its resilience and attractiveness in the market. This offering represents a rare opportunity to acquire a high-performing mixed-use portfolio in a thriving retail hub. The Clayton County location provides easy access to major transportation routes, further enhancing its appeal to both tenants and investors. The asking price for this lucrative investment is $4,590,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverdale
- County
- Clayton
- State
- Georgia
- Longitude
- -84.4116
- Latitude
- 33.5711
