438 Cabiness Rd Forsyth, GA 31029
- Lifestyle centers
- 13,500 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 438 Cabiness Rd
- Year built
- 2021
- Property size
- 13,500 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fully occupied, two-building shopping center totaling 13,500 square feet, situated at 438 Cabiness Rd, Forsyth, GA 31029. Built in 2021, the property boasts a strong 100% occupancy rate across seven diverse tenants, generating a substantial Net Operating Income (NOI) of $179,550. This translates to an attractive 6.65% capitalization rate, making it a compelling proposition for investors seeking stable returns. The center is strategically located near I-75, providing excellent visibility and accessibility. The property features a modified lease structure and is categorized as a multi-tenant retail shopping center. The single-story buildings offer a convenient layout for both tenants and customers. With its prime location in the thriving Forsyth market and strong tenant base, this shopping center represents a rare opportunity to acquire a high-performing asset with significant upside potential. The asking price for this exceptional property is $2,700,000. This is a turnkey investment ready to generate immediate income. The property's strong performance and location make it an ideal addition to any diversified real estate 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
- Forsyth
- County
- Monroe
- State
- Georgia
- Longitude
- -83.9355
- Latitude
- 33.0457
