Rare Commercial Building Near BeltLine in Grant Park | 100% Occupied

Highlights

• Three-tenant neighborhood retail building in Grant Park | 1 Block from Beltline
• 100% Occupied by two salons, a coffee shop and roaster
• Extremely limited supply of commercial property in Grant Park and Southeast Beltline
• Dense residential neighborhood provides almost zero opportunity for new development
• High barrier of entry for new commercial development/competitive properties
• 6-Year weighted average lease term | Strong annual escalations
• True NNN leases | Allow for reimbursement of CAPEX and management fees
• Extremely limited management responsibilities | No parking lot to maintain
• Reimbursement of management should add around $6,250 of income in 2026
• 2025 Roof install should add around $5,000 of CAPEX reimbursement annually
• All tenants loved by the community and an average 4.3 years operating history
• Google Ratings: Lark & Sparrow 4.6, Akasa 5.0, Green Beans 4.8
• Originally built in 1920 and each suite recently renovated | Brand new roof
• First “Street Car Retail Building” building listed on National Register
• Future renovations may be eligible for historic tax credits
• Prime location nestled in one of Atlanta’s most desirable intown neighborhoods
• High visibility with prominent street presence and corner parcel along United Ave SE
• Connected by the Beltline, thousands of new apartments within walking distance

Description

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This property is located in Atlanta, GA.

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