- For Sale $2,350,000
- Property Type Retail - Freestanding
- Property Size 21,955 SF
- Lot Size 2.6 Acre
- Property Tenancy Multi-Tenant
- Date Updated Apr 10, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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 at the intersection of two major thoroughfares
- Dominant retail center and site in transitioning Grove Park neighborhood
- Low basis at asking price ($107/SF and $904k/AC)
- Covered land play: redevelopment potential of the 2.6-acre site as neighborhood improves
- Outparcel vacant restaurant and auto repair buildings could also be purchased (bonus 0.64 acres)
False
Contacts
Location
Getting Around
-
Walk Score ®
45/100
Car-Dependent
-
Transit Score ®
37/100
Some Transit
-
Bike Score ®
33/100
Somewhat Bikeable
- City Atlanta, GA
- Neighborhood Grove Park
- Zip Code 30318
- Market Atlanta
Points of Interest
-
Bankhead
1.38 miles
-
West Lake
1.72 miles
-
Hamilton E. Holmes
1.89 miles
-
Ashby
2.47 miles
-
Vine City
3.12 miles
-
GWCC/CNN Center
3.46 miles
-
West End
3.62 miles
-
Centennial Olympic Park
3.68 miles
-
Atlanta
3.74 miles
-
North Avenue
3.77 miles
-
Exxon
1.12 miles
-
Mobil
1.16 miles
-
Shell
2.05 miles
-
Shell
2.28 miles
-
BP
2.51 miles
-
Chevron
2.53 miles
-
Texaco
2.53 miles
-
QuikTrip
2.57 miles
-
BP
2.61 miles
-
Texaco
2.65 miles
-
West Lake Park & Ride
1.79 miles
-
H. E. Holmes Park & Ride
1.86 miles
-
H. E. Holmes Park & Ride
1.94 miles
-
Atlanta Humane Society Guest Parking
2.40 miles
-
Ashby Park & Ride
2.41 miles
-
Curran Street Parking Deck
2.68 miles
-
Campus Recreation Parking Deck
2.77 miles
-
Student Center Parking Deck
2.97 miles
-
Dalney Street Parking Deck
2.98 miles
-
Steelworks Parking Deck
3.04 miles
-
Agavero Cantina
1.73 miles
-
Twisted Soul Cookhouse & Pours
1.75 miles
-
Urban PL8
1.85 miles
-
Star Provisions
1.87 miles
-
Bone Garden Cantina
1.87 miles
-
Wendy's
1.90 miles
-
Church's Chicken
2.12 miles
-
Burger King
2.35 miles
-
Yeah! Burger
2.36 miles
-
JCT
2.37 miles
-
Walmart Supercenter
2.67 miles
-
Kroger
2.83 miles
-
Walmart Supercenter
2.95 miles
-
Kroger
2.96 miles
-
Publix
3.13 miles
-
Target
3.21 miles
-
Publix
3.29 miles
-
Big Bear Supermarket
3.43 miles
-
Publix
3.65 miles
-
Whole Foods Market
3.71 miles
Frequently Asked Questions
What is the lease rate for National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA?
Rental asking rate at National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA is $1,175,000.00/YR.
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.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker
