2731-2743 Mount Zion Pkwy Jonesboro, GA 30236
- Lifestyle centers
- 6,000 SF
- 0.98 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 2731-2743 Mount Zion Pkwy
- Year built
- 2002
- Lot size
- 0.98 lot acres
- Property size
- 6,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
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
- Jonesboro
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3016
- Latitude
- 33.553
