559 Jonesboro Road
Mcdonough, GA
559 Jonesboro Road
Mcdonough, GA
MLS# 7506080
Elevate your investment portfolio with a PRIME 100% leased shopping center, Magnolia Village, located in the fastest-growing city of McDonough, GA. Located on over 1.37 acres of an expansive lot, this center is in the middle of the three high-traffic, busy shopping plazas. Situated in a residential area, allowing for a built-in clientele for shopping centers and retail businesses. The established 2004 built and 14,607 square feet shopping center has incredible visibility and long-term, stable tenants. Offering an attractive 8.4% Pro Forma cap rate, the current NOI is $187,102.92 annually, including CAM charges built-in within the rent. This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with a newly resurfaced concrete parking lot, this center presents a fantastic turnkey investment. With a convenient setting and a strong tenant mix, Magnolia Village is an exceptional opportunity for investors seeking a lucrative commercial asset in a thriving area.
Offered at: $2,225,000
Exterior Details
Location
Listing Provided Courtesy Of: Keller Williams Realty Atlanta Partners 678-775-2600
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.
For issues regarding this website, please contact Eyesore, Inc. at 678.692.8512.
Data Last updated on January 15, 2025 10:00pm