Main Content

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    [description] => Elevate your investment portfolio with a PRIME 87.5% leased shopping center, Magnolia Village, located in the fastest-growing city of McDonough, GA.  Situated on over 1.37 acres of an expansive lot, this center is in the middle of the three high-traffic, busy shopping plazas. Located near a residential area, allowing for a built-in clientele for shopping centers and retail businesses.
The established 2004 built strip plaza has incredible visibility and long-term, stable tenants. All leases are modified gross leases with a total annual income of $191,038. Two tenants with upcoming renewals are to extend their leases by 6% annually for an additional 3-year term starting July/August of 2025. 
This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with newly resurfaced concrete in the parking lot, this center presents a fantastic turnkey investment. With a convenient setting and a strong tenant mix, Magnolia Village is an exceptional opportunity for investors seeking a lucrative commercial asset in a thriving area.
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559 Jonesboro Road, Mcdonough, GA 30253

Price

$2,225,000

Sqft

12,334

Property Video

Property Details for 559 Jonesboro Road

Jonesboro Road

MLS#7506080

Save Property
Elevate your investment portfolio with a PRIME 87.5% leased shopping center, Magnolia Village, located in the fastest-growing city of McDonough, GA. Situated on over 1.37 acres of an expansive lot, this center is in the middle of the three high-traffic, busy shopping plazas. Located near a residential area, allowing for a built-in clientele for shopping centers and retail businesses. The established 2004 built strip plaza has incredible visibility and long-term, stable tenants. All leases are modified gross leases with a total annual income of $191,038. Two tenants with upcoming renewals are to extend their leases by 6% annually for an additional 3-year term starting July/August of 2025. This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with newly resurfaced concrete in the parking lot, this center presents a fantastic turnkey investment. With a convenient setting and a strong tenant mix, Magnolia Village is an exceptional opportunity for investors seeking a lucrative commercial asset in a thriving area.

Listing Agents

Exterior Details

ConstructionBrick
Built In2004
StoriesOne
ParkingParking Lot
UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Lot DescriptionLevel, Shopping Center
Acres1.374

Location

Zip Code 30253
City Mcdonough
County Henry - GA
SQ FT 12334

First Multiple Listing Service

Listing Provided Courtesy Of: Keller Williams Realty Atlanta Partners 678-775-2600

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Data Last updated on May 1, 2025 10:58pm

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