Two-Tenant Neighborhood Retail Building | NNN Leases | 5.6% Cap Rate

1188 McLendon Ave NE Atlanta, GA 30307

1188 McLendon Ave NE, Atlanta, GA, 30307
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FOR SALE
Property Type:
Street Retail
Amount:
$1,965,000
Last Verified:
Jun 24, 2025

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Highlights

  • Two-tenant neighborhood retail building in the heart of Little Five Points
  • Both tenants have been in place since 2016 | 9-year operating history at this location
  • Commoner Salon is beautifully renovated with industrial charm & holds a 4.9 Google rating
  • Xhale City is one of the largest vape & CBD outlets with 30 Atlanta locations and over 50 across Georgia
  • True NNN lease structure | Allows for reimbursement of CAPEX and management
  • Hands-off lease structure | Extremely minimal landlord responsibilities
  • ±3,308 SF | High ceilings | Abundant natural light with 18 skylights
  • Prominent visibility from both McLendon Ave SE and Moreland Ave NE
  • Strong Foot Traffic & Walkability to nearby Inman Park & Candler Park
  • Easy drive to Virginia Highlands, Edgewood, and Krog Street Market

Description

-

This property is located in Atlanta, GA.


Year Built: 1925
Building Size: 3308sq ft
Building Class: C
Lot Size: 0.09 acres


Documents

Offering Memorandum

Map of 1188 McLendon Ave NE, Atlanta, GA, 30307

Presented by:
Bull Realty

Request additional information
Michael Wess


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