4115 Hwy 278 NE

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4115 Hwy 278 NE

covington, GA 30014
Asking Price
$2.16M
Asset Type
Retail
Class
Class B

What's Special

4115 Highway 278 NE is located in a primary commercial corridor of Covington, Georgia. The property sits within a high-traffic retail district characterized by a mix of national franchises, local businesses, and shopping centers. It offers direct frontage on Highway 278, providing visibility and proximity to the Interstate 20 interchange. The surrounding neighborhood includes established residential communities, medical offices, and essential amenities such as grocery stores and professional services. Access is supported by a network of regional thoroughfares connecting the site to the greater Atlanta metropolitan area. The asset is suitable for a variety of retail applications, including storefront boutiques, specialized service providers, or food and beverage establishments. The location’s high visibility makes it an ideal fit for tenants requiring consistent consumer exposure and ease of access for local commuters. Typical tenant profiles for this corridor include regional service operators, convenience retailers, and health-related businesses seeking to benefit from the area’s steady daytime population and suburban customer base. Legal and professional firms requiring a retail-style storefront may also find the location appropriate for client accessibility.

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NOI
$80,000
Cap Rate
3.70%
DSCR
0.62
Underwater
Cash-on-Cash
-7.44%
Monthly Payment
$10,686.501
Annual Cash Flow
$-48,238.018

Location & Travel Times