11431 Veterans Memorial Highway, Douglasville, GA 30134
sale
$650,000
|
Office
Courtesy Of Curated Real Estate: McLarty Properties
Positioned in the heart of Douglas County along the highly traveled Veterans Memorial Highway corridor (US-78/SR-8), this 10,000 sq ft commercial property offers an exceptional investment opportunity with immediate income and long-term upside. Serving as a primary, non-interstate route into the Atlanta urban core, this location benefits from strong daily traffic counts averaging approximately 13,000-14,000 vehicles, with nearby areas in Lithia Springs reaching nearly 18,800 vehicles. Traffic along this corridor is projected to grow further enhancing visibility and future value. The building is thoughtfully divided into five professional units, providing flexibility for a wide range of business uses. Currently generating $6,000 per month, four of the five units are leased with one-year terms that were just renewed in January, offering stability and immediate cash flow. The tenant mix includes a church, used auto sales dealership, fitness center with juice bar, and a junk removal business-demonstrating the property's adaptability and consistent demand. The remaining vacant unit is a general office space that previously leased for $1,000 per month, bringing the potential total monthly income to $7,000. Key capital improvements include HVAC replacements for Units C, D, and E, along with plumbing updates completed in 2017. The building also features a metal roof. With strong in-place income, future rent potential, and a high-visibility location along a growing commercial corridor, this is a turnkey, income-producing asset from day one. Easy to show and ready for its next owner.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Exterior Type: Stucco
- Exterior Type: Concrete
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Carpet
- MLSID: 10718900
- Parking Spaces: 50
- Roof Type: Metal
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