Former Family Dollar | Flexible Re-Purposing Opportunity

4960 Roosevelt Hwy Union City, GA 30291

4960 Roosevelt Hwy, Union City, GA, 30291
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FOR SALE
Property Type:
Street Retail
Amount:
$935,000
Last Verified:
Aug 06, 2024

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Highlights

  • Opportunity for a new concept at this recently closed former Family Dollar
  • The current footprint features large ±1.2-acre parcel with an ±8,000 SF three-sided brick building and parking for 38 vehicles
  • South Fulton County location on busy four-laned U.S. Hwy 29 with over 21,000 VPD
  • Recent property upgrades include roof and parking lot re-coating exterior lighting upgraded to LED
  • 5-Mile population of over 113,000 and growing with an average household income of over $88,000
  • Vacant “box”, zoned GC, allows for flexible repurposing for many potential concepts: retail, medical, auto, office, restaurant, and more – just imagine!
  • Good value for the money at only $116.87 per SF!

Description

This attractive former Family Dollar awaits a new concept! The 8,000 SF, three-sided brick building, built in 2003, sits on a 1.2-acre lot on a busy four lane road, Roosevelt Hwy (US Hwy 29) in Union City in South Fulton County GA. It is located only 8 miles from Atlanta Hartsfield-Jackson International Airport, near major interstate highways and a short 20-minute drive to downtown Atlanta.

This site is zoned GC (General Commercial by the City of Union City), meaning this highly flexible structure can be re-purposed or sub-divided for a broad range of concepts - retail, medical, auto, office, restaurant, pet care, and more. Favorable demographics include traffic counts of over 21,000 vehicles per day, a 5-mile population of 113,000+ and an average household income of $88,000. The property has had recent re-coating of the roof and parking lot and upgraded exterior LED lighting. The store was closed at the beginning of May of this year.

South Fulton County has attracted several national firms including Kraft Foods, Amazon, Costco, Kellogg’s, Caterpillar Logistics Services, Coca-Cola Bottling, Del Monte Foods, DHL and more. As a result of this and its proximity to the airport and downtown Atlanta, the area continues to grow! Bring your concept and take advantage of this location and pricing.

This property is located in Union City, GA.


Year Built: 2003
Building Size: 8000sq ft
Lot Size: 1.2 acres


Documents

Offering Memorandum

Map of 4960 Roosevelt Hwy, Union City, GA, 30291

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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