Investment Overview
Strategically positioned along a well-traveled corridor, the property benefits from proximity to established residential neighborhoods and surrounding retail development, supporting steady consumer demand. Offered at $2,990,000, the asset presents an attractive opportunity for investors or owner-users seeking to capitalize on the continued growth of the Conyers market.
Investment Highlights
- •100% Leased- 22,800 square foot shopping center situated on 3 - acre lot with ample parking
- •Upside potential - average base rent under $13 PSF
- •Anchored by Bella Vista a grocery store and Mexican restaurant with over 1,400 google reviews and a high rating of 4.7 stars
- •Established internet resistant tenants
- •Excellent visibility to I-20 along Iris Drive, a well-traveled local corridor with strong connectivity to surrounding residential neighborhoods and retail nodes.
- •Located between the newly developed power center anchored by Floor & Decor, Academy Sports & Outdoors, and Northern Tool and a brand new hotel, ECHO Suites Extended Stay by Wyndham
- •Over 92,000 residents within a 5-mile radius, projected to exceed 111,000, with average household incomes approaching $100,000+, supporting strong retail demand.