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Kimbell Portfolio

9 Properties Offered at $6,460,123 CAD in Riverdale, GA

Investment Highlights

  • Kimbell Plaza is an offering of 9 parcels, including 6 buildings spanning 32,709 SF, alongside 3 additional parcels for further development.
  • Prime location from unrivaled visibility and accessibility in a densely populated retail hub. Over 20,000 vehicles per day State Route 85 W.
  • Benefits from a high number of tenants (120) already in place, current NOI north of $640,000.
  • High occupancy with 88% of suites leased, demonstrates its resilience and attractiveness to tenants, mitigating risks and ensuring occupancy.

Executive Summary

Bracket Real Estate is pleased to offer the Kimbell Plaza assemblage of 9 parcels, including 6 buildings spanning 32,709 square feet, alongside 2 additional parcels for further development. From retail strip centers to office buildings, executive suites, an auto dealership, and even greenhouses with existing structures, this assemblage offers a diverse range of income-generating assets designed to meet the demands of today's dynamic market. Investors can capitalize on the high demand for commercial space in the area, allowing for further expansion and development to maximize returns.
With a history of low vacancy rates, this assemblage demonstrates its resilience and attractiveness to tenants, mitigating risks and ensuring consistent occupancy levels for investors. The property benefits from a high number of tenants already in place, resulting in reduced vacancy rates and steady income streams. Immediate income generation from the property's long-standing tenants provides a solid foundation for continued growth and financial success. Nestled along GA Highway 85 in Riverdale, this prime location benefits from unrivaled visibility and accessibility in a densely populated retail hub, ensuring a constant flow of foot and vehicular traffic, providing unparalleled exposure for businesses.
This exceptional portfolio in Riverdale, Georgia, offers investors a rare opportunity to secure a foothold in a highly sought-after retail destination. With its diverse portfolio, strategic location, additional development potential, stable income streams, and strong tenant base, this offering promises both immediate returns and long-term growth potential.

Property Facts

Price $6,460,123 CAD
Price / SF $312.75 CAD / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 13.36%
Sale Type Investment
Status Active
Number of Properties 9
Individually For Sale 0
Total Building Size 20,656 SF
Total Land Area 4.75 AC
  • Listing ID: 31521582

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: Kimbell Portfolio, Riverdale, GA

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