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    OFF-MARKET
    Lifestyle centers

    2731-2743 Mount Zion Pkwy, Jonesboro, GA 30236

    6,000 SF 0.98 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    The Shoppes at Mount Zion, a 6,000 square foot shopping center in Jonesboro, Georgia, presents a compelling investment opportunity. This fully leased, single-story building boasts 100% occupancy, generating a strong net operating income (NOI) of $103,140 annually, translating to a 6.9% capitalization rate at the asking price of $1,500,000. Situated on a 0.98-acre lot with 35 parking spaces, the property enjoys high visibility on Mount Zion Parkway in the Jonesboro/Riverdale submarket of South Atlanta. Built in 2002, the center features four retail units and benefits from its location near major highways and Hartsfield-Jackson Atlanta International Airport. The property is zoned C and operates under a triple-net (NNN) lease structure, meaning tenants cover maintenance, insurance, and property taxes, minimizing owner expenses. Rent bumps are included in the lease agreements, ensuring future income growth. This low-maintenance investment offers a stable income stream and significant potential for long-term appreciation. The property's prime location and strong tenant mix make it an attractive addition to any portfolio.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 2002
    Total area 6,000 SF
    Lot 0.98 ac (42,689 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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