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6987 Jonesboro Hwy

$1,800,000

6987 Jonesboro Hwy, Morrow, GA 30260

Active
Last Updated: 11/03/2022

15,440 sqft

Building Size

1 acres

Lot Area

Details:
Building Size:    15,440 sqft
Lot Area:    1 acres
Year Built:    1991
Floors:    2
Highlights:
  • - 60,000 Traffic count
  • - 15,440 SF
  • - Predicted Population growth = 10%
  • -GB Zoning
  • -Corner Parcel
Description:

SVN | Bell Commercial is proud to present a 15,440 SF Restaurant property located only a few miles from Hartsfield-Jackson Atlanta Airport. Located right down the street from the Southlake Mall, this property sees constant traffic volumes that continue to grow along with activity surrounding the development. This property's surrounding area is projected to grow a tenth of its size in only a couple of years. This property offers a plethora of opportunities for business seekers. Seller is extremely motivated and ready to make a deal. Owner, investment property

Located right off of I-75 near the Southlake Mall. Corner of Jonesboro and Southern Road

Map:
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Today's Available Mortgage Rates

2160 A&B Sandy Dr., State College, Pennsylvania 16803

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 02/01/2025
Bank*Lender #1642
5 Year Fixed
30 Year Amortization
Interest rate 6% 5 Year Fixed
Mo. Payment$5,084 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $7,000 Lender fees
Loan Amount $848,000 Loan Amount
Details
Bank*Lender #818
7 Year Fixed
25 Year Amortization
Interest rate 6.16% 7 Year Fixed
Mo. Payment$5,547 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $848,000 Loan Amount
Details
Bank*Lender #818
10 Year Fixed
25 Year Amortization
Interest rate 6.27% 10 Year Fixed
Mo. Payment$5,499 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 52% LTV $0 Lender fees
Loan Amount $832,000 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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