1985 Mcdonough Rd Hampton, GA 30228
- Strip malls
- 28,554 SF
- 8.13 lot acres
Current Use by Public Records
- Goodwill Donation Center / Donations Center / Non-Profit Organization
- G G Fish&Chicken / Restaurant
- Boston Fish Supreme / Restaurant
- T-Mobile Authorized Retailer / Cell Phone Store / Cell Phone Accessory Store
- Travel / Parking Garage
Property Details for 1985 Mcdonough Rd
- Year built
- 2007
- Lot size
- 8.13 lot acres
- Property size
- 28,554 SF
- Zone code
- C
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 06-131D- A-006
- APU
- 06131DA006
Description
This exceptional 28,028 square foot retail strip center, located at 1985 McDonough Rd in Hampton, Georgia (zip code 30228), presents a prime investment opportunity. Classified as a Class B property, the center boasts 16 suites, with 9,000 square feet currently available for lease. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 4,200 square feet, offering flexibility for various retail businesses. The property underwent renovations in 2007 and features ample parking with 100 spaces to accommodate customers and employees. Situated in the thriving Lovejoy submarket of Clayton County, this center benefits from its strategic location within the Hampton/Lovejoy commercial corridor, experiencing significant growth. Its proximity to major retailers such as Walmart Supercenter, Aldi, and Home Depot, as well as the Atlanta Motor Speedway, ensures high visibility and substantial foot traffic. This location is also surrounded by growing residential and commercial developments, promising continued success for tenants. The property's strong location and available space make it an ideal investment for businesses seeking high-traffic exposure in a rapidly expanding market. The address is easily accessible from McDonough Road.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,355,000
- 6.5%
- $4,250,000
- 7%
- $4,045,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,420,000
- Geo Method
- $4,140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,510,000
- Retail
- $4,170,000
- Mixed-Use
- $3,335,000
- Hospitality
- $3,485,000
- Educational
- $4,090,000
- Residential Income
- $3,235,000
- Energy
- $3,775,000
- Income-Based Land
- $4,140,000
- Food Service
- $3,230,000
Location Insight
- Map
- Local Demand
- City
- Hampton
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3264
- Latitude
- 33.4468
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
