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4827-4903 Old National Hwy
College Park, GA 30337 Aerotropolis

$10,100,000 USD

General Retail For Sale  •  154,394 SF

Property Details

  • Property Type General Retail
  • Total Building Size 160,836 SF
  • Lot Size 20 AC
  • Building Class B
  • Year Built 1969
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning C2
30 Transit Score
40 Walk Score

Highlights

Stable 94.96% occupancy.
Opportunity to increase NOI by growing the current below market rates.
20 acres strategically located on Old National Highway at the convergence of I - 85 and 285 - Unreplaceable location near airport.
20 acres of underlying land has a value equal to or above list price.
8% cap rate on existing income.
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Aalish Andarbar 10/31/2030
Airport Athletic Club 2/28/2031
ATL Stations Sports Bar 9/30/2029
Central Station Sports Restaurant
Hoop Nation Atlanta 10/31/2028
Jamerican Bar & Grill
Knockouts Bar & Lounge 10/23/2025
M&S menswear outlet
Savannah Event Center
Zab-E-Lee

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 13 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1023
Type: Surface
Included in Rent: Yes
Phil Ryan 770-729-2843 Lavista Associates, Inc.
Phil Ryan 770-729-2843 Lavista Associates, Inc.