3-Tenant Neighborhood Retail Building Near West End BeltLine | 10.5% Cap Rate

1302 Donnelly Ave SW Atlanta, GA 30310

1302 Donnelly Ave SW, Atlanta, GA, 30310
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FOR SALE
Property Type:
Strip Center
Amount:
$895,000
Last Verified:
Jul 02, 2025

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Description

BUILDING AND PROPERTY
• Three-tenant neighborhood retail building
• Two equal-sized floors totaling ±6,463 SF
• 2022-2025 Renovations included gutting building, new roof, paint, parking lot, lighting, flooring, electrical, and masonry updates/repairs
• Water is sub-metered and gas/electric are individually metered
• 11 off-street parking spaces and free street parking
• ±0.29 AC Parcel | Zoned C-1 BeltLine Overlay

LOCATION
• Steps from the Atlanta BeltLine Westside Trail in the heart of the West End neighborhood
• BeltLine spur expected to be paved and lit in 2027 along with direct connection to Donnelly Ave
• Minutes from Lee + White food hall, Monday Night Garage, Best End Brewing, and other local retail and restaurants
• 15 Minute (3.8 mile) drive north to Downtown Atlanta
• 16 Minute (9.5 mile) drive south to Hartsfield-Jackson Atlanta International Airport

TENANTS AND LEASES
• Main floor split into two suites and terrace level is one large suite
• Tenants include a salon and convenience store on main and art gallery/event space on terrace level
• Weighted average lease term (WALT) on July 1st, 2025 is 60 months
• Full-service leases with low average rent of $15.89/SF

Atlanta, GA


Year Built: 1965
Building Size: 6463sq ft
Building Class: C
Lot Size: 0.29 acres


Documents

Offering Memorandum

Map of 1302 Donnelly Ave SW, Atlanta, GA, 30310

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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:

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