Property summary
The Shops at Silver Comet presents a compelling investment opportunity in the thriving Smyrna, GA submarket. This 16,150 square foot strip center, built in 2007, boasts a prime location on the East West Connector, ensuring high visibility and accessibility. Currently, 2,220 square feet of retail space is available, offering a unique chance to establish or expand a business in a dynamic area. The center benefits from a strong demographic profile, with over 66,000 residents and 42,000 daytime employees within a 3-mile radius, boasting an average household income of approximately $93,000. This robust consumer base provides a significant potential customer pool for any tenant. The property's strategic location is further enhanced by its adjacency to a 95,250 square foot Publix-anchored shopping center, creating a synergistic retail environment. Adding to its appeal, the Shops at Silver Comet is situated near the beginning of the Silver Comet Trail, a popular 61.5-mile recreational path attracting significant foot and bicycle traffic. This multi-use trail provides additional exposure and contributes to the area's vibrant atmosphere. The property sits on 2.42 acres of land, offering ample space and potential for future development or expansion. This retail center represents a rare opportunity to acquire a well-positioned asset in a high-growth area.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Take-out & Catering
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Restaurant
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(Bike/Boat/Book/etc) Store
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Travel Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
NRC · Smyrna, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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