JDH PLAZA OF TARA
JDH PLAZA OF TARA 7836 Tara Blvd., Jonesboro (Atlanta MSA), GA
FOR SALE - CAP 1,500 SQ FT $940,000 AVAILABLE FOR8.54% LEASE
PROPERTY HIGHLIGHTS • Asking price $840,000 (8.54% CAP) + $100,000 for the value of the laundry equipment • Located on the major retail corridor in the area • 3 out of 4 suites are leased - ease of management and stability, upside by leasing vacant unit. • Attractive architecture and building finishes • Great visibility on Tara Blvd. with a high traffic count of 54,100 cars passing per day • 178,708 people living within 5 miles, which is expected to continue to grow • The commercial laundry equipment is included in the sale of the real estate
Demographics
1 Miles
3 Miles
5 Miles
Population
8,645
73,535
178,708
PROPERTY INFORMATION JDH Plaza of Tara is excellent opportunity for an investor to acquire a stable shopping center, with upside potential, and ease of management. The shopping center is 7,800 square feet, with 3 of the 4 suites leased (83% occupied). The current tenant mix consists of China Springs Restaurant, Western Shamrock (over 300 locations in 9 states), and Emmanual Laundry. The vacant space was previously a Dominican Hair Salon, and is ready to be leased to a new tenant. The building was constructed in 2005 and is situated on approximately 1 acre. A major feature is that the center includes all of the commercial laundry equipment located in Emmanual Laundry, which is valued at over $100,000. If the current tenant were to ever vacate the owner of the real estate retains the equipment, and can then lease to a new laundry operator. The location and visibility is strong on Tara Blvd, which is the main north-south corridor in the area with 54,100 cars passing per day. For additional information, please contact: Elliott Kyle 404.812.8927 [email protected]
Chase Murphy 404.812.8925 [email protected]
SKYLINE SEVEN 5825 Glenridge Drive Building 1, Suite 206 Atlanta, GA 30328 www.skylineseven.com
Main: 404.812.8910 Fax: 678.916.4149 [email protected]
FOR SALE - CAP 1,500 SQ FT $940,000 AVAILABLE FOR8.54% LEASE
PROPERTY HIGHLIGHTS • Asking price $840,000 (8.54% CAP) + $100,000 for the value of the laundry equipment • Located on the major retail corridor in the area • 3 out of 4 suites are leased - ease of management and stability, upside by leasing vacant unit. • Attractive architecture and building finishes • Great visibility on Tara Blvd. with a high traffic count of 54,100 cars passing per day • 178,708 people living within 5 miles, which is expected to continue to grow • The commercial laundry equipment is included in the sale of the real estate
Demographics
1 Miles
3 Miles
5 Miles
Population
8,645
73,535
178,708
PROPERTY INFORMATION JDH Plaza of Tara is excellent opportunity for an investor to acquire a stable shopping center, with upside potential, and ease of management. The shopping center is 7,800 square feet, with 3 of the 4 suites leased (83% occupied). The current tenant mix consists of China Springs Restaurant, Western Shamrock (over 300 locations in 9 states), and Emmanual Laundry. The vacant space was previously a Dominican Hair Salon, and is ready to be leased to a new tenant. The building was constructed in 2005 and is situated on approximately 1 acre. A major feature is that the center includes all of the commercial laundry equipment located in Emmanual Laundry, which is valued at over $100,000. If the current tenant were to ever vacate the owner of the real estate retains the equipment, and can then lease to a new laundry operator. The location and visibility is strong on Tara Blvd, which is the main north-south corridor in the area with 54,100 cars passing per day. For additional information, please contact: Elliott Kyle 404.812.8927 [email protected]
Chase Murphy 404.812.8925 [email protected]
SKYLINE SEVEN 5825 Glenridge Drive Building 1, Suite 206 Atlanta, GA 30328 www.skylineseven.com
Main: 404.812.8910 Fax: 678.916.4149 [email protected]
