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Property profile & analytics
FOR LEASE
Strip malls

1700 Eatonton Rd Madison, GA 30650

67,286 SF 7.47 ac lot Built 1999
Entity Owned 19-yr Hold Free & Clear
Property ID
US22-3570522
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Madison Crossing Shopping Center & Mall
  • Harbor Freight Tools Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.86M
Owner & transaction history
Sharp Madison LLC · 19 yrs held
Sharp Madison LLC
since 2007
1 recorded transaction
2007
$6.0M
Zoning & alternative use
C3 · Madison, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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