Trophy Buckhead Village Retail Opportunity | 3 Buildings | Traffic Lit Corner | ± 0.3 Acres

3236 and 3240 Roswell Rd and 18 East Andrews Dr NW Atlanta, GA 30305

3236 and 3240 Roswell Rd and 18 East Andrews Dr NW, Atlanta, GA, 30305
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FOR SALE
Property Type:
Street Retail
Amount:
$6,500,000
Last Verified:
Jan 18, 2024

Highlights

  • Three-building offering that encompasses ± 5,250 SF and ± 0.3 acres
  • Possible owner-occupant opportunity in any or all three buildings
  • Rare investment opportunity in a hot, high-demand, low-supply market
  • Surrounded by high-quality shopping, dining and hotels within the immediate area including The Shops at Buckhead, Lenox Square Mall and Phipps Plaza
  • Buckhead Village District encompasses more than 1.5 million square feet of retail, residential and restaurant space
  • The Property benefits from its access to major thoroughfares including Roswell Road, Peachtree Road and Georgia State Route 400
  • Average household income within a 1-mile radius is $151,366- more than double the national average of $68k, and some of the highest income demographics in the nation

Description

The subject offering of the three buildings on the corner of Roswell Road and East Andrews Drive provides a generational opportunity to purchase three street retail buildings in Buckhead Village. The offering includes a total of ± 5,250 SF across the three buildings and two billboards on a ± 0.3-acre parcel. The property, located at a signalized intersection, has among the best visibility and traffic counts in Buckhead Village. Additionally, with its rolled curbs, it has unmatched access and controls 15 on-site parking spaces.

Buckhead Village, frequently referred to as the Rodeo Drive of the South, contains some of the highest concentrations of upscale retail and restaurants in the southeast. The king of all Atlanta condos, the St. Regis Residences, is just a few blocks away, and it has been joined in recent years by a slew of new million-dollar-plus condo developments nearby. From upscale retail such as Hermes and Christian Louboutin to local restaurant favorites Gypsy Kitchen and Southern Gentlemen, Buckhead Village is the luxury location of Atlanta.

Buckhead Village

Building Size: 5250sq ft
Lot Size: 0.3 acres


Documents

Offering Memorandum

Map of 3236 and 3240 Roswell Rd and 18 East Andrews Dr NW, Atlanta, GA, 30305

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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.