$2,225,0001.37 Acres12,334 sq ft
For Sale
For Sale
$2,225,0001.37 Acres
For Sale
12,334 sq ft

559 Jonesboro Road, Mcdonough, GA 30253 - Henry County

Commercial
Static Google Map
Property ID 22382696

Retail - Mcdonough, GA

Elevate your investment portfolio with a PRIME 100% leased shopping center, Magnolia Village, located in the fastest-growing city of McDonough, GA. Situated on over 1.37 acres of an expansive lot, this center is in the middle of the three high-traffic, busy shopping plazas. Located near a residential area, allowing for a built-in clientele for shopping centers and retail businesses.

The established 2004 built strip plaza has incredible visibility and long-term, stable tenants. All leases are modified gross leases with a total annual income of $191,038. Two tenants with upcoming renewals are to extend their leases by 6% annually for an additional 3-year term starting July/August of 2025.

This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with newly resurfaced concrete in the parking lot, this center presents a fantastic turnkey investment. With a convenient setting and a strong tenant mix, Magnolia Village is an exceptional opportunity for investors seeking a lucrative commercial asset in a thriving area.

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Contact Seller

Keller Williams Realty Atlanta Partners

Duluth, GA

(678) 775-2600
Listing provided by
Shermine Khakiani
Keller Williams Realty Atlanta Partners6787752600
Source: ListHub, MLS# 7506080
Listing status: Active
Listing last updated: January 14, 2025 at 1:34 PM
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Shermine Khakiani

Keller Williams Realty Atlanta Partners
(678) 775-2600

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Shermine Khakiani

Keller Williams Realty Atlanta Partners