Retail    

Mount Zion Plaza Shopping Center

 Jonesboro (Atlanta MSA), GA

Asking Price

$6,705,000

Cap Rate

6.88%

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Year Built

2023

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5-Mile HHI

$64,494

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Total GLA

12,900

Expansion

Land Area

1.9 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Brand New 2023 Construction
  • 93% of the tenants have new 10-year leases with 10% increases every 5 years
  • Outstanding Traffic Counts of Over 46,000 Cars Per Day
  • National Restaurant/Retail/Service Tenant Mix with Reasonable Rents
  • Strong Tenant Lease Guarantees
  • Dense Retail Corridor with High Barriers to Entry
  • Nearby Anchors Include Southlake Mall (2.8MM Annual Visitors), Southlake Festival (1.2MM Annual Visitors), Publix at Mt. Zion (1.7MM Annual Visitors), and Southlake Pavilion (1.3MM Annual Visitors)
  • Retail along Mount Zion Boulevard sees a combined 15.9MM Annual Visitors with an Average Dwell Time of Over 112 Minutes (Top 15% Retail Trade Area Nationwide)

Exclusively Listed By

Billy Benedict, CCIM

Senior Associate
  bbenedict@northmarq.com      404.354.1590
GA Lic. # 251709

Chris Howard

Investment Sales Analyst
  choward@northmarq.com      678.347.2233

Northmarq

2475 Northwinds Parkway, Suite 200
Alpharetta, GA 30009


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