3435 Roosevelt Hwy South Fulton, GA 30349
This exceptional Class A shopping center, Red Oak Village, presents a compelling investment opportunity in Atlanta, Georgia. Located at 3435 Roosevelt Hwy, in Fulton County, this fee-simple property boasts 75,011 square feet across four buildings, constructed in 1987. Currently operating at 100% occupancy with a multi-tenant NNN lease structure, the property generates a substantial NOI of $666,862, representing a 6.87% cap rate. The asking price is $9,700,000, translating to $129.31 per square foot. The property benefits from a stabilized investment profile with value-add potential due to below-market rents and several lease expirations within the next two years. The strong tenant base includes a mix of national chains and local businesses, many with annual rent escalations of 3%. The property's strategic location, just five miles from Hartsfield-Jackson Atlanta International Airport, within a thriving retail submarket with less than 3% vacancy, further enhances its investment appeal. The property features zero deferred maintenance and brand new amenities. This presents a rare opportunity to acquire a high-performing asset in a rapidly expanding market, offering significant long-term growth prospects. The property's current performance and future upside potential make it an attractive investment for discerning buyers.
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Red Oak Shopping Center Shopping Center & Mall
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Domino's Pizza Take-out & Catering
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Sasha Sweet's Bakery Specialty Food Shop
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Red Oak Package (Bike/Boat/Book/etc) Store Wine and Liquor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · South Fulton, GASouth Fulton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.