2045 Donald Lee Hollowell Pkwy, Atlanta, GA 30318
21,955 SF | 100% Leased | Retail Building | Atlanta, GA 30318 | $2,175,000 ($99/SF) | 7.66% Cap Rate
For Sale
Active
Asking Price $2,175,000
- Property Type
-
Retail
- Square Feet
- 21,955 SF
- Price / Square Foot
- $99
Listing Contacts
- Property Info
Property Details
- Class
- C
- Year Built
- 1964
- Stories
- 1
- Property Subtype
- Freestanding, Grocery/Convenience Store
- Lot Size (sq. ft)
- 113,256 SF
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
- Excellent visibility, access and traffic counts at the intersection of two major thoroughfares | Dominant retail center and site
- Low basis at asking price ($99/SF and $836k/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)
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