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    72 City Square Blvd McDonough, GA 30253
    Property profile & analytics

    72 City Square Blvd McDonough, GA 30253

    View on Map
    • Strip malls
    • 13,150 SF
    • 2.66 lot acres
    For Lease
    $1,365,000
    View Listing →
    Retail Space For Lease For Lease
    $1,365,000

    Retail Space For Lease

    Retail space available for lease in McDonough, Georgia.

    72 City Square Blvd, Mcdonough, GA 30253
    View Listing
    Property ID
    US22-1877270
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CorpTemps LLC / Employment Agency / Business Service Center
    • Top Notch Personnel / Employment Agency

    Property Details for 72 City Square Blvd

    Year built
    2009
    Construction
    WOOD
    Lot size
    2.66 lot acres
    Property size
    13,150 SF
    Zone code
    C1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    108-01017010
    APU
    10801017010

    Description

    City Square Crossing, located at 72 City Square Blvd in McDonough, Georgia 30252, offers a prime retail opportunity in a thriving Henry County location. This 13,150 square foot strip center features multiple tenancies, providing flexibility for various retail businesses. Currently, there are 3,750 square feet of vacant space available, divisible into units ranging from a minimum of 1,250 square feet to a maximum contiguous space of 2,500 square feet. The property sits on a generous 2.6-acre lot, offering ample parking and visibility for tenants. Its strategic location in McDonough provides excellent access to a strong customer base. The property is ideal for businesses seeking high-traffic exposure and a convenient location within a bustling commercial area. This is an exceptional opportunity to establish or expand your retail presence in a rapidly growing market. The available space presents a chance to customize the layout to perfectly suit your business needs. Contact us today to learn more about leasing options and explore the potential of this exceptional retail property. Don't miss this chance to secure your space in this vibrant McDonough commercial center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,398,000
      Market price range: $1.39M - $2.82M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,870,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mcdonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1383
    Latitude
    33.4278
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,780
    $232,000
    $248,000
    $480,000
    -
    $580,000
    $620,000
    $1,200,000

    Comparable in this City

    • Value Estimation
      $980,000
      9,750 SF

      450 Racetrack Rd

      SHOPPING CENTER, STRIP CENTER • 9,750 SF
      450 Racetrack Rd, Mcdonough, GA 30252-6837
      View Details
    • Value Estimation
      $535,000
      4,800 SF

      1872 Kys Fry Rd, Unit 1898

      SHOPPING CENTER, STRIP CENTER • 4,800 SF
      1872 Kys Fry Rd, Mcdonough, GA 30252-6202
      View Details
    • Value Estimation
      $1,125,000
      11,000 SF

      432 Racetrack Rd

      SHOPPING CENTER, STRIP CENTER • 11,000 SF
      432 Racetrack Rd, Mcdonough, GA 30252-6837
      View Details
    • Value Estimation
      $940,000
      8,760 SF

      205 Racetrack Rd

      SHOPPING CENTER, STRIP CENTER • 8,760 SF
      205 Racetrack Rd, Mcdonough, GA 30252
      View Details
    • Value Estimation
      $2,375,000
      18,000 SF

      371 Hwy 81st E

      REGIONAL SHOPPING CENTER, MALL • 18,000 SF
      371 Hwy 81st E, Mcdonough, GA 30252
      View Details
    • Value Estimation by Request
      9,000 SF

      3482 Hwy 155th N

      REGIONAL SHOPPING CENTER, MALL • 9,000 SF
      3482 Hwy 155th N, Mcdonough, GA 30252-5507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,014 SF

      Dollar General Investment Opportunity

      Single Tenant Net Leased Dollar General for sale.
      3540 Highway 81, McDonough, GA 30252
      View Details
    • $1,200,000
      2.58 Acres

      Versatile Commercial Land in Mcdonough

      2.58 acres with multiple buildings, ideal for various businesses.
      62 S Bethany Rd, McDonough, GA 30252
      View Details
    • Contact for pricing

      Versatile Commercial Property on 3 Acres

      Commercial property with multiple structures and amenities on approximately 3 acres.
      62 S Bethany Rd, McDonough, GA 30252
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    • Contact for pricing

      Prime Commercial Land in McDonough

      21.52 acres in McDonough's commercial corridor, ideal for development.
      471 Highway 81, McDonough, GA 30252
      View Details
    • $510,000
      1.62 Acres

      Updated Home on Large Lot

      Updated 4-bedroom home on 1.6 acres in Ola School District.
      460 Holly Hills Ln, McDonough, GA 30252
      View Details
    • $89,900
      7.48 Acres

      Residential Lot in Mcdonough, GA

      7.4 acre lot in Rock Springs/Ola school district.
      Mackey Rd, McDonough, GA 30252
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Strip Center in McDonough

      Neighborhood retail center with flexible spaces for lease.
      294-298 Racetrack Rd, McDonough, GA 30252
      View Details
    • $7,800 /Mo
      7,200 SF

      Mcdonough Commercial Space For Lease

      7200 SF commercial building on 2 acres for lease.
      1926 Highway 155 N, McDonough, GA 30252
      View Details
    • New
      $2,000 /Mo
      14,898 SF

      Move-In Ready Retail Space

      Retail space available in a well-maintained McDonough retail center.
      2137 Highway 155 N, McDonough, GA 30252
      View Details
    • $2,875 /Mo
      2,760 SF

      Office Space in Mcdonough, GA

      Office space for rent in Mcdonough, Georgia.
      400 Highway 81 E, McDonough, GA 30252
      View Details
    • Contact for pricing
      1,219,826 SF

      Highway Frontage Commercial Property

      Large commercial property available for rent along Highway 42.
      1325 Highway 42 S, McDonough, GA 30252
      View Details
    • Contact for pricing
      564,600 SF

      Modern Cross-Dock Distribution Center

      564,600 SF distribution center available for lease.
      King Mill Rd, McDonough, GA 30252
      View Details
    View Listing
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    McDonough, GA 30253
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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