Villages at Magnolia

559-575 Jonesboro Rd

McDonough, GA

 

 

Contact Info:       Loren Pierce         

Phone:  770/474-7693

                             Email Information

 

Description:         Villages at Magnolia is an exciting brand new building with plenty of parking and extremely high visibility and traffic counts.  This project is on the “going home” side of the road, which has been proven to be important in the retail business.  The tenant mix currently includes Moye’s Pharmacy in the two end units.  Moyes is a local pharmacy chain with 6 retail locations and has proven to be a strong draw for other businesses.  There is a prime location on the other end of the building for a restaurant, including an outdoor canopy.  The Villages are located within the city limits of McDonough in Henry County, the nations 6th fastest growing county, and experienced 25% of Georgia’s population growth in 2003-2004.  All these factors, along with competitive rent rates make it a strong choice for your business to do well.

 

Location:    Halfway between the McDonough square and I-75 on Jonesboro Rd make this convenient to patrons.  This property also corners Kelly Rd, which is a cut through to Hwy 81/20.  Jonesboro Rd is slated to be widened in the near future, as well as a red light intersection installed at Kelly Rd. 

 

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Traffic Count:        +/- 25,000 cars/day (and growing!)

 

Building Size:         9 units

 

Unit Sizes Available:     1200 sq ft (20w x 60d) x 3 units

                                      1300 sq ft (20w x 65d) x 3 units

                                      1400 sq ft (20w x 70d) x 1 unit

 

Base Rent:             Each unit rents for $17 per sq ft:

$1984/month per 1400 sq ft (Unit 3)

                             $1842/month per 1300 sq ft (Units 4,5,6)

                             $1700/month per 1200 sq ft (Units 7,8,9)

 

Common Area Maintenance Fees

CAM Charges:    $2.50/month per sq ft

CAM Includes:      Lawn Maintenance, Dumpster, Property Taxes, and Insurance

CAM Does Not Include:         Power, Water, & Telephone services

 

Total Rent & CAM per Month per 1400 sq ft:                  $2275.00

Total Rent & CAM per Month per 1300 sq ft:                  $2113.00

Total Rent & CAM per Month per 1200 sq ft:                  $1950.00

 

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