GA > Mcdonough
Mcdonough, GA 30253,559 Jonesboro
Mcdonough, GA 30253,559 Jonesboro
Mcdonough, GA 30253,559 Jonesboro
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
31
Jan
Sat
1
Feb
Sun
2
Feb
Neil Terc (SuCasa)

Neil Terc (SuCasa)

+1(866) 200-5250
$2,225,000
Est. payment /mo
14,607 SqFt
Save

UPDATED:

01/28/2025 06:05 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,607 sqft

Price per Sqft $152

MLS Listing ID 10439736

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 2004

Annual Tax Amount $22,969

Tax Year 2024

Lot Size 1.374 Acres

Acres 1.374

Lot Dimensions 1.374

Property Description

Elevate your investment portfolio with a PRIME 100% leased shopping center, Magnolia Village, located in the fastest-growing city of McDonough, GA. Situated on over 1.37 acres of an expansive lot, this center is in the middle of the three high-traffic, busy shopping plazas. Located near 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, all leases are modified gross leases with a total annual income of $191,038, including all CAM. Two tenants are to extend their leases by 6% annually for an additional 3-year term starting June 2025. This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with newly resurfaced concrete in the 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.

Location

State GA

County Henry

Zoning C

Interior

Heating Central

Cooling Central Air

Equipment Other

Fireplace No

Exterior

Parking Features Parking Lot, Paved

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Phone Available

View Y/N No

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Level, Near Public Transit

Faces Please use GPS.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 09101021004

Special Listing Condition Resale

Read Less Info
Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

Confirma una cita para verla

559 Jonesboro

¿QUIERES UN TOUR?

ESCRIBENOS

agent

Neil Terc (SuCasa)

+1(866) 200-5250

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of SuCasa.com, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(866) 200-5250 to obtain direct assistance.

Buscador de casas