River Shoals

5658 Riverdale Rd College Park, GA 30349

  • 72,962 Square Feet
  • Retail
  • For Sale

Summary Description

Originally developed in 1986 as a grocery-anchored neighborhood center for Winn Dixie & Eckerd plus shops and corner fast food restaurant. River Shoals Village remains a grocery-anchored neighborhood shopping center with Super Giant Mart (a small private international grocery store) now as primary anchor. In addition to local shop tenants, national chain retailers include Family Dollar, Metro PCS, Boost Mobile, Papa John’s and Church’s Fried Chicken. Located at a busy traffic-light intersection Flat Shoals & Riverdale Rd, the property is only two miles south of the busiest airport in the world, Atlanta Hartsfield-Jackson International, and a surrounding node of office and industrial business uses. River Shoals Village benefits from dense demographics and proximity to quality employment opportunities.

Property Status: Available

Price: $2,750,000 USD

Lot Size: 13.85 Acre

Building Size: 72,962 Square Feet

Area Available: 72,962 Square Feet

Features:

  • Grocery-anchored neighborhood shopping center
  • Traffic light corner location at busy intersection with 32,700± cars per day at frontage on Riverdale Road
  • Located in close-proximity to Atlanta’s Hartsfield-Jackson International Airport, the busiest in the world and hub of local economy
  • Dense demographics with 177,950± people within a 5-mile radius of the property
  • Sale includes freestanding NNN Church’s Chicken restaurant on a 1.07± acre outparcel at corner.
  • New roof surface replaced – 2018
  • Below market rents: Average $6.65/SF compared to $12.25/SF submarket average per CoStar
  • Upside via leasing with eight (8) previously occupied shops now available (9,780± SF)
  • Offering includes undeveloped (.79± acre) outparcel for additional upside
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