Pavilion at Southlake -Auction Dec 10-12
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Pavilion at Southlake -Auction Dec 10-12
3 Retail Properties Offered at $1,984,388 CAD in Morrow, GA
Investment Highlights
- 92.3% Leased | High yield retail center that is home to a syngergistic mix of nation, regional, and local tenants including Humana, Lens Crafters, etc
- Transforming Area | $117MM convocation center under construction and located across from thriving mall with 100+ tenants
- Access | Two access points directly onto Mount Zion Road - one at a signalized light
- Low Price Point Opportunity | Low cost per square foot equates to lower risk and upside, enabling opportunity to replace rolling tenants at increased
- Visibility and Signage | Signalized entrance and visibility along Mount Zion Road, featuring a prominent monument sign
- Roof - Replaced in 2015
Executive Summary
Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer the opportunity to acquire The Pavilion at Southlake, a 65,267± SF unanchored retail center, 92.34% leased to a synergistic mix of national, regional, and local tenants. The property sits in the dense Mount Zion corridor, located in the heart of Morrow, GA within the Atlanta MSA.
The Pavilion at Southlake is a low price per square foot asset, fully leased in the heart of the dense and transforming Mount Zion / Southlake corridor. The property sits across from a thriving mall and new $117M Convocation Center, and is one blockfrom the highest traffic corner intersection in market: GA Highway 54 and Mount Zion Road. The property boasts an excellent mix of service oriented tenants with mulitple access points and a traffic light entrance.
Broker of Record
Bill Pedersen
License No. 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
The Pavilion at Southlake is a low price per square foot asset, fully leased in the heart of the dense and transforming Mount Zion / Southlake corridor. The property sits across from a thriving mall and new $117M Convocation Center, and is one blockfrom the highest traffic corner intersection in market: GA Highway 54 and Mount Zion Road. The property boasts an excellent mix of service oriented tenants with mulitple access points and a traffic light entrance.
Broker of Record
Bill Pedersen
License No. 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Data Room Click Here to Access
Property Facts
| Price | $1,984,388 CAD | Number of Properties | 3 |
| Price / SF | $28.15 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 70,484 SF |
| Status | Active | Total Land Area | 18.12 AC |
| Price | $1,984,388 CAD |
| Price / SF | $28.15 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 70,484 SF |
| Total Land Area | 18.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1383-1393 Mount Zion Rd, Morrow, GA 30260 | Retail | 10,725 SF | 1983 | - |
|
The Pavilion at Southlake
1331-1335 Mount Zion Rd, Morrow, GA 30260 |
Retail | 12,271 SF | 1983 | - |
| 1341-1381 Mount Zion Rd, Morrow, GA 30260 | Retail | 47,488 SF | 1983 | - |
-
Jeff Enck -
Robert Anderson -
Kyle Stonis -
Pierce Mayson -
Boris Shilkrot -
SRS Real Estate Partners
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Pavilion at Southlake -Auction Dec 10-12
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