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Pavilion at Southlake -Auction Dec 10-12

3 Retail Properties Offered at £1,098,174 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

Data Room Click Here to Access

Property Facts

Price £1,098,174
Price / SF £15.58 / 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 -
1341-1381 Mount Zion Rd, Morrow, GA 30260 Retail 47,488 SF 1983 -
The Pavilion at Southlake
1331-1335 Mount Zion Rd, Morrow, GA 30260
Retail 12,271 SF 1983 -
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  • Listing ID: 32784355

  • Date on Market: 01/08/2024

  • Last Updated:

  • Address: Pavilion at Southlake -Auction Dec 10-12, Morrow, GA

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