Snooze
3,850 SF | Retail Building | Atlanta, GA 30346 | $3,190,000 ($829/SF) | 5.25% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,190,000
- Property Type
-
Retail
- Square Feet
- 3,850 SF
- Price / Square Foot
- $829
Listing Contacts
Michael Berk
Verified Profile
Scott Campbell
Verified Profile
- Property Info
Property Overview
• The asset is strategically located within Perimeter Center, one of metro Atlanta’s largest business districts, and one of the largest edge cities in the United States
• Perimeter Center is comprising of over 29 million square feet of office space, 6 million square feet of retail space, and 50,000 residents
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for this site
• Subject property is strategically located as an outparcel to Hampton Inn & Suites
• More than 256,000 residents and 186,000 employees support the trade area
• Features an average income of $159,196
• This trade reflects high density with more than 109,000 households within a 5-mile radius, providing a direct residential consumer base from which to choose from
• Within a 1-mile radius, the population is expected to increase by 1.25% per year
• Perimeter Center is comprising of over 29 million square feet of office space, 6 million square feet of retail space, and 50,000 residents
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for this site
• Subject property is strategically located as an outparcel to Hampton Inn & Suites
• More than 256,000 residents and 186,000 employees support the trade area
• Features an average income of $159,196
• This trade reflects high density with more than 109,000 households within a 5-mile radius, providing a direct residential consumer base from which to choose from
• Within a 1-mile radius, the population is expected to increase by 1.25% per year
Property Details
- Class
- C
- Year Built/Renovated
- 2016/2023
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 8,712 SF
Highlights
- Brand New 10-Year Lease | Options To Extend | Scheduled Rental Increases
- Perimeter Center | Hampton Inn & Suites Outparcel | Strong Retail Corridor | Sterling Point Office
- NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Directly Off Interstate 285 | Excellent Visibility & Access
- Direct Costumer Base - Scrubs & Beyond | Nearby Hospitals
- Strong Demographics 5-Mile Trade Area | Direct Residential Consumer Base | Population Growth
Nearby Properties
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