Technical
Financial
Distress signals
Property profile

1700 Eatonton Rd Madison, GA 30650

FOR SALE
Strip malls
Property ID
US22-3570522
67,286 SF 7.47 ac lot Built 1999
Entity Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Madison Crossing, a prime 63,089 square foot shopping center in Madison, Georgia, presents a compelling investment opportunity. This fully leased, single-story retail property boasts 12 tenants, including national brands like Harbor Freight Tools and Marshall's, ensuring strong occupancy and consistent cash flow. The 100% occupancy rate translates to a substantial net operating income (NOI) of $626,070, yielding a 6.80% cap rate on the $9,206,906 asking price. Situated on a 7.5-acre lot at the northeast corner of the Madison Bypass and US 441, this strategically located center benefits from high visibility and accessibility. Its prime location across from Walmart and near Lowe's guarantees significant foot traffic. The property includes 303 parking spaces and is complemented by a variety of nearby dining establishments, including Chick-fil-A, Taco Bell, Dunkin' Donuts, Dairy Queen, Zaxby's, and Bojangles. All tenant leases are currently in their final renewal period, providing an opportunity for future rent increases. The property's strong tenant mix, high occupancy, and strategic location make it an exceptional investment prospect for discerning buyers seeking a stable and profitable retail asset. The price per square foot is $145.94. This is a triple net (NNN) leased multi-tenant property.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 67,286 SF
Lot 7.47 ac (325,393 SF)
Zoning code C3
APN 037E 018
UPID US22-3570522

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Building Supply Hardware & Home Improvement

Location

1700 Eatonton Rd Madison, GA 30650
Madison metro Census 10302 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.07M

Owner & transaction history

since 2007
1 recorded transaction
2007
$6.0M

Zoning & alternative use

C3 · Madison, GA
Zoning description

(C-3), and Interstate Commercial District (C-4). 620.1 General Provisions. In these commercial zoning districts, no building shall be erected, remodeled, extended, constructed, reconstructed, moved, or structurally alter…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message