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Property profile & analytics
FOR LEASE
Retail space

1340 Southlake Pkwy Morrow, GA 30260

31,062 SF 7.73 ac lot Built 1993
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-4702567
Property summary
AI-generated overview

This exceptional retail property, located at 1340 Southlake Pkwy in Morrow, Georgia, offers 31,062 square feet of leasable space in a single-story building. Constructed in 1988 and extensively renovated in 2019, the property is in excellent condition and move-in ready. The building boasts a Class B rating and is situated on a substantial 7.8-acre lot, providing ample space for expansion or additional development. Its strategic location adjacent to Southlake Mall ensures high traffic volume and excellent road and highway visibility, maximizing exposure to potential customers. The property features a high loading dock, making logistics efficient. The zoning designation is BG. An additional approximately 4.6 acres of land is available for sale or ground lease, presenting a unique opportunity to expand the property or develop adjacent land. This property is ideal for a variety of retail uses and represents a compelling investment opportunity in a thriving commercial area. The property is located in Clayton County, Georgia, zip code 30260. Utilities include power.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1993
Total area 31,062 SF
Lot 7.73 ac (336,893 SF)
Zoning code C
APN 12-112A- A-040
UPID US22-4702567
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
  • 3D Auto Works Auto Repair Shop
  • Bargain Plus LLC Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.47M
Owner & transaction history
Morrow 1340 LLC · 1 yrs held
Morrow 1340 LLC
since 2024
4 recorded transactions
2024
Price N/A
2018
Price N/A
2018
Price N/A
2013
Price N/A
Zoning & alternative use
C · Morrow, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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