Office Space
6523 Hwy 85 Riverdale, GA 30274
Details & Description
Price: $1,300,000
    Recently renovated, 12,800 SF retail/office building located along a major thoroughfare with almost 50,000 VPD. Listed for sale at a 10% cap rate and anchored by a well-established and popular local restaurant (Jamrock Jerk Center) that recently signed a lease extension, this property boasts impressive in-place cash flow and stability the two highest paying tenants on longer term leases. Additional upside potential exists in pushing rents by bringing some of the smaller office tenants up to market rental rates or replacing them with one of the many local businesses from this small business heavy community as the leases roll.Previously used only as smaller office suites, the unit with road frontage was converted into a restaurant that provides an appealing amenity for the other tenants and driving traffic from the surrounding area. Well located in an area with a rapidly growing population along with a vibrant small business community.To obtain full property financials, contact agent Charlie Carroll.
    Listing Agents
    Charlie Carroll

    O: 404-618-0878
    M: 404-295-4697
    charlie@stratuspg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    6523 Hwy 85

    Riverdale, GA 30274

    Listing ID: 155725
    • 6523 Hwy 85 Riverdale, GA 30274 | for Sale | Photo 1
    • 6523 Hwy 85 Riverdale, GA 30274 | for Sale | Photo 2
    • 6523 Hwy 85 Riverdale, GA 30274 | for Sale | Photo 3
    6523 Hwy 85 | for Sale | Thumbnail 1
    6523 Hwy 85 | for Sale | Thumbnail 2
    6523 Hwy 85 | for Sale | Thumbnail 3
    Building Size: 12,800 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $101.56
    Land $/SF:
    Price
    $1,300,000
    Description

    Recently renovated, 12,800 SF retail/office building located along a major thoroughfare with almost 50,000 VPD. Listed for sale at a 10% cap rate and anchored by a well-established and popular local restaurant (Jamrock Jerk Center) that recently signed a lease extension, this property boasts impressive in-place cash flow and stability the two highest paying tenants on longer term leases. Additional upside potential exists in pushing rents by bringing some of the smaller office tenants up to market rental rates or replacing them with one of the many local businesses from this small business heavy community as the leases roll.


    Previously used only as smaller office suites, the unit with road frontage was converted into a restaurant that provides an appealing amenity for the other tenants and driving traffic from the surrounding area. Well located in an area with a rapidly growing population along with a vibrant small business community.


    To obtain full property financials, contact agent Charlie Carroll.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Atlanta History of Office Space for Sale

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    Riverdale Area Market Trends

    Listing Demographics for 6523 Hwy 85 Riverdale, GA 30274

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9,44085,390179,078
    Population Median Age353233
    Population by Age0-9 Yrs1423 (15%)14962 (17%)29419 (16%)
    10-19 Yrs1205 (12%)12382 (14%)26451 (14%)
    20-29 Yrs1478 (15%)14762 (17%)29625 (16%)
    30-39 Yrs1697 (17%)12170 (14%)24534 (13%)
    40-49 Yrs1249 (13%)11166 (13%)23764 (13%)
    50-59 Yrs931 (9%)9539 (11%)21122 (11%)
    60-69 Yrs966 (10%)6894 (8%)15623 (8%)
    70+ Yrs491 (5%)3515 (4%)8538 (4%)
    Median HH Income$35,911$40,522$41,539
    Total Household Income< 24K1178 (32%)8856 (29%)17856 (29%)
    25-49K1242 (33%)9119 (30%)18472 (30%)
    50-74K647 (17%)5912 (19%)12272 (20%)
    75-99K300 (8%)2907 (9%)6232 (10%)
    100-199K269 (7%)2587 (8%)5536 (9%)
    200K+29 (0%)360 (1%)775 (1%)
    Highest Education LevelNo Diploma861716716759
    Diploma or GED21471775437170
    Some College15071261026021
    Assoc. Degree48246459358
    Bachelors Degree866615312916
    Higher Degree30228356366
    Total Housing Units4,18733,94971,277
    --Owner-Occupied1,17110,79426,065
    --Renter-Occupied2,49418,94835,077
    Owner-Occupied Values< 100K756634014641
    100-199K40740249307
    200-299K42951244
    300-399K058356
    400-499K429243
    500K+048275
    Total Working Age Population7,26862,587132,869
    In Work Force5,01343,48889,529
    Not In Work Force2,25419,09843,341
    Workforce Employed4,50639,00580,364
    Workforce Unemployed5024,4478,997
    Civlian Workforce5,00843,45289,361
    Military Workforce536168
    Total Households3,66529,74261,142
    Family Households2,18018,58338,671
    Non-Family Households1,48511,15922,471
    Married Couple8647,98517,420
    Other Family1,31610,59821,252
    Married w/Child3153,3497,455
    Single Male w/Child2011,2302,062
    Single Female w/Child4384,7349,242

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Georgia8,186,453+189,687,653+1010,694,980+911,709,700
    Fulton County816,006+13920,581+171,074,154+111,186,980
    Clayton County236,517+10259,424+15299,477+17349,752
    Fayette County91,263+17106,567+7114,550+9124,620

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 6523 Hwy 85 in Riverdale?
    The asking price for 6523 Hwy 85 is $1,300,000
    What is the building size of this Office property in Riverdale, GA?
    The size of the building/unit at 6523 Hwy 85 in Riverdale is 12,800 square feet
    What is the population within 1 mile of 6523 Hwy 85 in Riverdale?
    The population within 1 mile of 6523 Hwy 85 Riverdale, GA 30274 is 9,440 people.
    Who do I contact for questions about 6523 Hwy 85?
    You should contact the listing agent, Charlie Carroll, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Hartsfield Jackson Atlanta International Airport (ATL) 4
    Chattanooga Metropolitan Airport (Lovell Field) (CHA) 110
    Birmingham-Shuttlesworth International Airport (BHM) 135
    Price
    $1,300,000
    Listing Agent
    More listings from Charlie Carroll
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