760 United Ave SE Atlanta, GA 30312
Three-tenant retail building in Grant Park, one block from Beltline.
Building Details
- Year built
- 1920
Source:
Tcnworldwide
Listing Agency: Bull Realty Listing Agent: Michael Wess, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Grant Park Retail Building Near Beltline
This three-tenant neighborhood retail building is located in Grant Park, one block from the Beltline. The property is 100% occupied by two salons and a coffee shop and roaster. It is situated in a dense residential neighborhood with limited opportunities for new development, creating a high barrier of entry for new commercial development and competitive properties. The weighted average lease term is 5 years, with strong annual escalations. The leases are true NNN leases, allowing for reimbursement of CAPEX and management fees, resulting in extremely limited management responsibilities. Reimbursement of management should add around $6,250 of income in 2026, and the 2025 roof install should add around $5,000 of CAPEX reimbursement annually. All tenants are well-regarded by the community, with an average of 5.3 years of operating history. Google ratings are: Lark & Sparrow 4.6, Akasa 5.0, Green Beans 4.8. Originally built in 1920, each suite has been recently renovated, and a brand new roof has been installed. The building is the first “Street Car Retail Building” listed on the National Register, and future renovations may be eligible for historic tax credits. The property has high visibility with a prominent street presence and corner parcel along United Ave SE. It is connected by the Beltline, with thousands of new apartments within walking distance.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
Bloom Haus Co., Pink and Blooms Studio, Kroger Floral
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.3754
- Latitude
- 33.7443
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Three-tenant retail building in Grant Park, one block from Beltline.
Where is this storefront property located?
The property is located at 760 United Ave SE Atlanta, GA.
What are key features of this property?
This property features: - Prime location in Grant Park, just a block from the Beltline, in a highly desirable intown neighborhood.; - **100% occupied with strong tenants** including two salons, a coffee shop and roaster, all loved by the community. Tenants boast an average 5.3 years operating history and high Google ratings.; - Extremely limited supply of commercial property in Grant Park and Southeast Beltline, creating a high barrier of entry for new commercial development.
