Property summary
This exceptional retail opportunity presents a 9,050 square foot center situated on a one-acre lot at 1423 Stockbridge Rd, Jonesboro, GA 30236. The property, known as Spivey Plaza, boasts a prime location on busy Stockbridge Rd, featuring a dedicated turn lane, two convenient access points, and ample parking (10 spaces per 1000 sqft). Built in 1974 and renovated in 2010, this Class C center comprises two single-story buildings with five suites, offering a minimum divisible space of 1,100… square feet. The property benefits from prominent pylon signage and is strategically located near the intersection of Stockbridge Rd and Walt Stephens Rd (Hwy 138), providing easy access to Hwy 54 (Jonesboro Rd) and US 41. Spivey Plaza enjoys a thriving commercial environment, neighboring established businesses such as Cakd by Tae Bakery, Greedy Man's Barbeque, Lucky's Grocery Store, and Janetta's House of Nursing Wound Care & IV Hydration. Its proximity to Lee Park, City Center, Hartsfield-Jackson International Airport (10 miles), and Downtown Atlanta (15 miles) further enhances its appeal. The property is zoned CB and has an APN of 12-017B-00A-003. Currently, one suite is built out as a dance studio. This location offers a blend of small-town charm and convenient access to major transportation routes and urban amenities. The property is served by electric power
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Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
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Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
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Location
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Comparables
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