2736 Chapel Hl Rd, Unit 50 Douglasville, GA 30135-1704

Property Details for 2736 Chapel Hl Rd

Year built

2005

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.77 lot acres

Property size

5,700 SF

Zone code

CG

Property type

Strip malls

Property subtype

Neighborhood centers

APN

0023-01-5- -00004

APU

2301500004

Description

This exceptional 25,300 square foot shopping center in Douglasville, GA (Atlanta MSA), presents a compelling investment opportunity. Located at the intersection of Chapel Hill Road and Timber Ridge Drive, this property boasts a 100% occupancy rate with a diverse mix of national, regional, and local tenants, including Starbucks, Verizon Wireless, Orange Theory Fitness, Shane's Rib Shack, and Tropical Smoothie. The center comprises two buildings, strategically positioned to maximize visibility and accessibility. Its prime location benefits from the proximity of other well-established businesses such as McDonald's, Panda Express, Texas Roadhouse, and Carrabba's Italian Grill, creating a synergistic retail environment and enhancing customer traffic. Constructed between 2005 and 2006, this Class "A" retail center sits on a 3.79-acre lot and offers a 6.50% cap rate. The asking price is $9,502,000, and existing financing may be assumed by the buyer. This thriving retail center offers a strong return on investment in a high-income, growing trade area. The property is offered free and clear or with existing financing.

Location Insight

City

Douglasville

County

Douglas

State

Georgia

Longitude

-84.736

Latitude

33.731

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments