559 Jonesboro Rd Mcdonough, GA 30253-3718

This exceptional 14,607 square foot shopping center, Magnolia Village, presents a lucrative investment opportunity in McDonough, Georgia's rapidly expanding market. Situated on a 1.37-acre lot, this strategically located property enjoys high visibility nestled amongst three busy shopping plazas and a residential area, ensuring a consistent flow of customers. Built in 2004, the center boasts a strong tenant roster with 100% occupancy and long-term leases, providing immediate cash flow. The current annual income totals $191,038, reflecting a compelling 8.4% Pro Forma cap rate. All leases are modified gross, simplifying management. Two tenants are poised to extend their leases for an additional three years, commencing June 2025, with a 6% annual rent increase. The property's recent upgrades include a newly resurfaced parking lot, showcasing meticulous maintenance. Beyond the existing income stream, additional revenue opportunities exist, including the potential for an ATM and an Amazon Hub. This turnkey investment offers a blend of stability and growth potential, making it an ideal acquisition for discerning investors seeking a high-performing commercial asset in a thriving location. The property's prime location and strong tenant base ensure a consistent and reliable income stream, making it a compelling addition to any investment portfolio.