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Mixed-use Shopping Center | 7.6% Cap Rate

Address Not Disclosed
North Cobb/Bartow Submarket, GA
PRICE : $8,500,000
PROPERTY TYPE: Retail
BUILDING SIZE: 62,000 SF

Highlights

  • ± 62,000 SF neighborhood center with 97% occupancy
  • Offered at 7.6% cap rate | 10.64% cash on cash return
  • Loan assumption at 4.75% interest rate locked till year 2027
  • Below replacement costs at $136 per SF
  • Well built and maintained on 6 acres in the heart of the city
  • Mix of retail-restaurants-medical & office
  • Added value center with rents lower than average market
  • Strong rental history with long term successful tenants

Description

Bull Realty is pleased to offer this is 62,000 SF ( 97% occupied ) mixed-use shopping center with strong long term tenants, situated on 6 acres in northern suburb of Atlanta. Attractive loan assumption available at 4.75% fixed for the next 9 years.

For access to more details, please submit a Confidentiality Agreement.

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