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Property profile & analytics
OFF-MARKET Estimated value $21,850,000
Strip malls

1025 Veterans Memorial SE Hwy Mableton, GA 30126-7707

81,828 SF 13.99 ac lot Built 2004
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1604931
Property summary
AI-generated overview

Providence Pavilion presents a compelling retail investment opportunity in Cobb County. This well-positioned strip/neighborhood center boasts a substantial 95,206 square feet of gross leasable area (GLA), currently featuring a strong tenant mix anchored by Publix, Subway, and Walgreens. A significant advantage is the approximately 4,887 square feet of vacant space, offering immediate potential for increased revenue generation. The property benefits from excellent visibility and convenient access, situated just two miles from I-285, providing rapid connectivity to the greater Atlanta area. Further enhancing its appeal is a readily available approximately half-acre outparcel, complete with a roughly 2,087 square foot building. This outparcel presents a unique opportunity for expansion, modification, or lease to a complementary business. The center enjoys signalized access and benefits from high traffic volume, with Georgia Department of Transportation (GDOT) data reporting an Annual Average Daily Traffic (AADT) of 23,280 vehicles on Veterans Memorial Highway. This combination of strong anchors, available space, convenient location, and high traffic counts makes Providence Pavilion an attractive investment prospect for discerning buyers seeking a stable and potentially high-growth retail asset in a thriving market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 81,828 SF
Lot 13.99 ac (609,404 SF)
Zoning code GC
APN 18016600330
UPID US22-1604931
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
Current use
Occupant on record · Public records
  • L&B Tax Service, Inc. Tax Preparation
  • L.A.B. Tax Service Tax Preparation
  • Providence Family Dentistry Dental Office
  • higi Physician
  • Rhodes Tampa DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$20.23M
Comparable Approach Comparable
$24.57M
Blend (final) Blend
$21.85M
Owner & transaction history
Providence Nls LLC · 1 yrs held
Providence Nls LLC
since 2025
Last sale
$21.3M
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Mableton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $30.7M +91.5%
Medical building $20.1M +25.4%
Apartment house (5+ units) $17.5M +9.1%
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