2008-02-08, 11:48AM CST
2 parcels
South of Atlanta
QUICK CLOSE: $14,000,000 @ 72% LTV (est., no appraisal)
Approx. 1100 feet of frontage on I-75 with 475-500 feet of frontage on Mill Road. Current flea market called and events center that is approximately 57,000 sq. ft. built in 1999. Based on the County website, one parcel is zoned industrial while the other is zoned commercial.
The property is about 24 miles so. of Atlanta International Airport. There are plans for a rail commuter line connecting McDonough with Atlanta that would improve access to the area. Current development between this property and the highway: Sam’s, Home Depot, the demographics are pretty good.
Utilities are run to the Middle of the property. A huge area is already blacktopped and there is a large, income producing billboard onsite. No appraisal. Buyer to do their own due diligence.
QUICK CLOSE PLEASE. Serious inquiries only!
Annual Net Income after expenses:
(2005) $445,766 (2006) $450,129
If interest, call Deborah at 888.255.2137 for more information.
- Location: McDonough, GA
- it's NOT ok to contact this poster with services or other commercial interests
PostingID: 567229480
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It is ok to contact this poster with commercial interests.
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