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Naveen Sharma

naveen@fourpointrealty.com +1(732) 429-0939

$1,395,000

Est. payment - /mo

12,000 SqFt

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Key Details

Property Type Commercial

Sub Type Commercial,Mixed Use,Office,Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $116

Subdivision No Subdivision

MLS Listing ID 10707782

HOA Y/N No

Year Built 2008

Annual Tax Amount $1

Tax Year 2025

Lot Size 2.630 Acres

Acres 2.63

Lot Dimensions 2.63

Property Sub-Type Commercial,Mixed Use,Office,Retail

Source Georgia MLS 2

Property Description

NAI Brannen Goddard is pleased to present for your consideration Faith Plaza, a compelling opportunity to acquire a well-located 12,000 square foot neighborhood retail strip center positioned along one of Conyers' primary commercial corridors. The property benefits from excellent visibility, strong surrounding retail activity, and convenient access to Interstate 20, making it an attractive long-term investment with significant upside through lease rollover and rental rate growth. The center is currently 90% occupied with a diverse mix of local and service-oriented tenants that provide stable in-place cash flow while maintaining meaningful value-add upside. A majority of the in-place rents are below market, and a portion of the space is currently owner-occupied, further supporting future income growth potential. Notably, the paying tenant leases roll within the next 12-24 months, offering a clear and executable mark-to-market opportunity for new ownership to increase rental rates and drive NOI through proactive renewals and strategic re-leasing. Constructed in 2008, the property has been well maintained with a solid roof and functional HVAC systems, though some original units remain, presenting an opportunity for strategic, value-enhancing capital improvements that can further support tenant retention and leasing momentum. The center currently does not feature monument signage along Sigman Road NW, which creates a meaningful and highly visible value-add opportunity. The addition of a professionally designed monument sign along this high-traffic commercial corridor would materially enhance street presence, tenant visibility, and overall curb appeal, ultimately supporting stronger leasing activity and the ability to achieve higher market rents. The parking lot offers an additional cosmetic upside through resealing and restriping to further improve the asset's presentation and long-term competitiveness. The asset is currently operating below market income levels, positioning it as a true value-add investment rather than a fully stabilized strip center. As leases roll and rental rates are adjusted toward market levels, ownership has a clear path to materially increase NOI over a 24-36 month hold period without requiring major structural redevelopment. Faith Plaza is ideally suited for value-add investors, private capital, and 1031 exchange buyers seeking a suburban Atlanta retail asset with immediate income and significant upside through proactive leasing and asset management. For a property tour, please call Otis Rylee or Brock Wilson. PLEASE DO NOT DISTURB TENANTS!

Location

State GA

County Rockdale

Zoning BG-Business General

Rooms

Bedroom Description No

Interior

Heating Heat Pump, Zoned

Cooling Central Air, Zoned

Flooring Carpet, Concrete, Laminate, Tile

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Underground Utilities, Water Available

View Y/N No

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Level, Near Public Transit

Faces GPS friendly

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete,Glass,Stucco

New Construction No

Others

Tax ID 0410010250

Acceptable Financing Cash, Conventional, Small Business Loan

Listing Terms Cash, Conventional, Small Business Loan

Special Listing Condition Resale

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

1240 Sigman RD NW Conyers, GA 30012

Naveen Sharma

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1240 Sigman RD NW