- For Sale $1,995,000
- Property Type Retail - Freestanding
- Property Size 21,955 SF
- Lot Size 2.6 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Date Updated Nov 11, 2024
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Attachments
Highlights
- Value-Add retail investment sale in burgeoning Grove Park neighborhood, Atlanta
- Two tenant, ± 21,955 SF building
- National recession-resistant tenants of Family Dollar and DaVita Dialysis
- Family Dollar recently renewed its lease through 12/31/2028
- DaVita Dialysis is dark and seeking buy-out with a lease through 2/28/2027
- DaVita’s situation provides immediate value-add potential and flexibility with timing
- DaVita’s current base rent at $7.00/SF offers substantial mark to market potential
- Excellent visibility, access and traffic counts (20k+ on each) at the intersection of two major thoroughfares
- Dominant retail center and site in transitioning Grove Park neighborhood
- Low basis at asking price ($90.87/SF and $767k/AC)
- Covered land play: redevelopment potential of the 2.6-acre site as neighborhood improves
- Out parcel vacant restaurant and auto repair buildings could also be purchased (bonus 0.64 acres)
False
Contacts
Location
Getting Around
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Walk Score ®
45/100
Car-Dependent
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Transit Score ®
37/100
Some Transit
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Bike Score ®
33/100
Somewhat Bikeable
- City Atlanta, GA
- Neighborhood Grove Park
- Zip Code 30318
- Market Atlanta
Points of Interest
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Bankhead
1.38 miles
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West Lake
1.72 miles
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Hamilton E. Holmes
1.89 miles
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Ashby
2.47 miles
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Vine City
3.12 miles
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GWCC/CNN Center
3.46 miles
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West End
3.62 miles
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Centennial Olympic Park
3.68 miles
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North Avenue
3.78 miles
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Midtown
3.78 miles
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Exxon
1.12 miles
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Mobil
1.16 miles
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Shell
2.05 miles
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Petro
2.23 miles
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BP
2.51 miles
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Chevron
2.53 miles
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Texaco
2.53 miles
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QuikTrip
2.56 miles
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Blink
2.86 miles
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Tesla Supercharger
3.37 miles
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West Lake Park & Ride
1.79 miles
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H. E. Holmes Park & Ride
1.90 miles
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Atlanta Humane Society Guest Parking
2.40 miles
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Ashby Park & Ride
2.41 miles
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Curran Street Parking Deck
2.68 miles
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Campus Recreation Parking Deck
2.77 miles
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Student Center Parking Deck
2.97 miles
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Dalney Street Parking Deck
2.97 miles
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Agavero Cantina
1.73 miles
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Twisted Soul Cookhouse & Pours
1.75 miles
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Souper Jenny Westside
1.85 miles
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Bacchanalia
1.86 miles
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Star Provisions
1.87 miles
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Bone Garden Cantina
1.87 miles
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Sonic
1.88 miles
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Wendy's
1.90 miles
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Olympic Flame
1.92 miles
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McDonald's
2.03 miles
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Westview Corner Grocery
2.47 miles
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Walmart Supercenter
2.67 miles
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Kroger
2.83 miles
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Publix
2.91 miles
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Target
3.21 miles
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Big Bear Supermarket
3.43 miles
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Downtown Mini Mall
3.87 miles
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The Hub at Peachtree Center
3.96 miles
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Colony Square
4.04 miles
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Midtown Promenade
4.86 miles
Frequently Asked Questions
How much does National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA cost?
The space currently listed for sale at National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA asks for $1,995,000.
What is the total square footage of National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA?
National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA totals 21,955 square feet.
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Contact Listing Broker
Andy Lundsberg
Bull Realty
