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listing
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CommercialFor Sale
$2,225,000
559 Jonesboro Road
Mcdonough, GA 30253
Listed by: Keller Williams Realty Atlanta Partners, (678) 775-2600
MLS: First MLS
14,607Sq Ft
Est. Mortgage
$11,585/mo

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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Information courtesy of Keller Williams Realty Atlanta Partners is subject to verification and is not guaranteed.
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