$5,250,000 to $6,000,000 immediate cash out opportunity by selling 3 acres of Pads.
Exceptional Value-Add Opportunity in a Prime Retail Corridor.
This stabilized shopping center includes three separate 1-acre pad sites, each potentially worth up to $1,750,000 - $2,000,000, offering a combined resale value of up to $5,250,000 - $6,000,000 The property is anchored by nationally recognized tenants such as Food Depot and Family Dollar, with AutoZone recently signing a long-term lease and preparing to commence new construction.
The pad sites are ideally suited for automotive, car wash, or retail development, and present a clear path to immediate equity realization for an experienced operator or investor.
Most tenants have long-term, NNN leases, with many having been in place since before 2020, reinforcing the stability of this asset. One tenant, occupying approximately 5,600 SF, is on a modified lease with landlord-paid expenses. The roof is reported by the seller to be approximately 5 years old; however, buyers are encouraged to verify all physical and structural conditions during due diligence.
Strategically located near Jimmy Carter Blvd and I-85, just south of the Pleasant Hill Road commercial corridor, this center benefits from high traffic counts, strong consumer demographics, and dense surrounding retail demand.
Immediate Value Creation – Up to $6,000,000 Pad Opportunity
This asset includes two 1-acre pad sites with significant upside—each potentially valued at up to $2,000,000. Selling or developing these pads could immediately recapture up to $6,000,000, effectively reducing the investor's basis in the core retail center to approximately $15,000,000.
Institutional-Grade Yield with Long-Term Upside
Based on a reduced basis post-pad disposition, the property offers a pro forma CAP rate of approximately 8.48%, well above current market norms. The center is currently producing stable in-place income with room for further optimization as AutoZone begins rent in mid-2026 and other leases renew at market rates.
Strong National and Regional Tenancy
Anchored by Family Dollar, Food Depot, and an incoming AutoZone (lease signed, construction pending), alongside a Wells Fargo ATM, the property is anchored by a mix of national credit tenants and long-standing regional operators. Many tenants have been in place since before 2020.
Passive Income Structure
The center is primarily NNN-leased, minimizing landlord responsibilities. Only one tenant (approx. 5,600 SF) is on a modified lease. Operating costs are well-managed and predictable, supporting strong net cash flow.
Prime Location in a High-Growth Corridor
Strategically located near Jimmy Carter Blvd and I-85, just south of the bustling Pleasant Hill Road commercial hub. The site benefits from strong traffic counts, diverse demographics, and dense retail synergy in one of Metro Atlanta’s most dynamic retail submarkets.
All information is believed accurate but not guaranteed. Buyers must verify financials, leases, and expenses during due diligence. Most tenants are on NNN leases, allowing expense reimbursement, but all costs should be confirmed during inspection. This OM is for informational purposes only and not legal or tax advice.
The property features strong national tenants including Wells Fargo ATM, Family Dollar, and AutoZone, as well as the regional grocery chain Food Depot. Additionally, many small business owners have operated successfully at this location for 5 to 20 years, reflecting the long-term stability and appeal of the center.
