West Ave Plaza Shopping Center Asset Conyers Georgia

---

Sands Investment Group is Pleased to Present For Sale the West Ave Plaza Shopping Center Asset Located in Conyers, Georgia. West Ave Plaza is Strategically Situated in a Prime, Sought-After Location in Conyers on West Ave SW. With its Placement on a Bustling Street & Near Other Businesses, Foot Traffic and Passing Vehicles Are Plentiful, Guaranteeing a Constant Stream of Potential Customers. The Large Signage Provides Excellent Visibility From Every Corner and Ensures That the Property as Well as Tenants Will Be Readily Seen and Noticed By a Wide Audience. Complemented By Easy Access to the Location, This is an Opportunity That Should Not Be Missed.

• West Ave Plaza is Strategically Situated in a Prime, Sought-After Location in Conyers, GA on West Avenue SW
• With This Property’s Placement on a Bustling Street and Proximity to Other Businesses, Foot Traffic and Passing Vehicles are Plentiful, Guaranteeing a Constant Stream of Potential Customers
• The Large Signage Provides Excellent Visibility From Every Corner and Ensures That the Property as Well as Tenants Will Be Readily Seen and Noticed By a Wide Audience
• Complemented By Easy Access to the Location, This is an Opportunity That Should Not Be Missed
• This Location is 100% Occupied, Has 12 Units- With Long Term Tenants and Ample Parking, With 114 Spaces
• Parking Was Re-Striped in 2020 – Good Condition; Roof Was Resealed in 2020 – Great Condition
• This 19,550 SF Single Story, L-Shape Strip Sits on a 1.73 Acre Lot, Situated in a Great Location With High Visibility

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

 

• Brand New Absolute NNN Ground Lease Chipotle with a 15 Year Initial Term and Four (4) – Five (5) Year Options Following
• Fixed Rent Increases of 10% Every 5 Years Within the Initial Lease Term and Throughout the Options Providing New Investor with Hedge Against Inflation
• Chipotle is a Publically Traded Company (NYSE: CMG) with an S&P 500 Component, a Revenue of Over $4.5B and a Market Capitalization of $12.63B
• Brand New Development Consisting of One of the Latest Chipotle Prototype Building Designs
• Located on an Outparcel to the Conyers Crossing Shopping Center, a 170,474 SF Shopping Center which Hosts a Synergistic Mix of National and Regional Credit Tenants
• Property is Located within 25 Miles from Downtown Atlanta
• In Cooperation with Sands Investment Group Atlanta, LLC Lic # 331619 BoR Andrew Ackerman Lic # H-69394

 

• Recently Renovated – Hard Corner Location
• Above Average Store Sales – 5.15% Rent to Sales
• $450k In Renovations in 2014 – Parking Lot, Façade, HVAC, Outdoor Lights, Dumpster Pad, New Gen Church’s Chicken Build-Out
• 13,048 Daily Car Traffic at Busy Intersection
• Located Across from Rockdale Medical Center, a 146­ Bed Hospital
• Subject Located in a Dense Retail Environment