Retail Business for Sale in Mcdonough, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mcdonough, GA 30252

Description

LOCATION- LOCATED IN A DENSE RETAIL CORRIDOR IN AN AFFLUENT MARKET OF ATLANTA * This location, per placer.ai, ranks as one of the top locations in the chain at #6 out of 50 that are registered in placer (90th percentile) *Located immediately adjacent to a high traffic Chick-fil-A (925.3K visitors), Starbucks (295.6K visitors), Taco Bell (218.2K visitors), Walgreens (326.9K visitors), and McDonald’s (458.5K visitors) * Adjacent to Paradise Pointe at Lake Dow- Publix anchored center with over 2.8M visitors per year (89th percentile nationally, 94th in GA) * Across the street from a new retail development that consists of Zaxby’s, Heartland Dental, Dutch Bros, Whataburger, Tidal Wave Car Wash, Mavis Tire, and Valvoline * Adjacent to McDonough High School (1,400+ students) and McDonough Middle School (950+ students) * Approximately 3 miles from an Industrial complex with over 42M SF of industrial space * Approximately 30 miles south of downtown Atlanta- Atlanta ranks as one of the nation’s top markets for Fortune 500 Companies with 15 headquartered in Atlanta including Home Depot, Delta, Coca-Cola, and UPS * Atlanta currently has nearly 6.5 million residents with an expected growth rate of 5% over the next five years * Currently over 77,000 people in a 5-mile radius from the subject property with an expected growth rate of 7.0% over the next five years * $105,000 average household income in the 5-mile radius TENANT- STRONG CORPORATE GUARANTEE FROM A RAPIDLY EXPANDING TENANT * Peachtree Immediate Care, the exclusive urgent care partner for the Emory Healthcare Network (the largest academically based, clinically integrated network in Georgia with more than 3,800 physicians concentrating in 70 different subspecialities at over 580 provider locations) currently operates in over 70 locations in the state of Georgia * Peachtree Immediate Care, founded in 2012 and headquartered in Atlanta, is part of CRH Healthcare which includes brands such as Patients First, Patriot Urgent C

Market Context

This retail in Mcdonough, GA is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Mcdonough, GA — <a href="/search/sale/retail/georgia/mcdonough">view the full market</a>.

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