875 Mansell Rd Roswell, GA 30076-5020

This exceptional 32,756 square foot retail center in Roswell, Georgia, boasts a prime location on Mansell Road (36,000 vehicles per day), featuring two access points and a lighted intersection. Anchored by a CVS Pharmacy, which has occupied the space for 26 years and recently renewed their lease, the center also includes Jimmy John's, Avis, and Red Wing Shoes. The property enjoys 100% occupancy and a strong NOI of $730,991, resulting in a 6.61% cap rate. The asking price is $11,065,000, translating to $337.80 per square foot. Recent capital improvements include a new roof with a remaining warranty. The property sits on a 4.31-acre lot and benefits from significant mark-to-market rental upside potential, with current market rents exceeding existing lease rates by $5-10 per square foot. The center is strategically positioned near other national retailers such as Walmart, Lowe's, Sprouts, Kroger, Aldi, and more, serving a highly affluent area with average household incomes exceeding $200,000 within a 3-mile radius. Leases are Net, with tenants responsible for CAM, taxes, and insurance. CVS's strong sales (nearing $10 million annually) and long-term commitment, coupled with the recent upgrades and prime location, make this a compelling investment opportunity. The property is situated in a rapidly growing area of Fulton County, offering excellent potential for long-term appreciation.