Redeveloped Infill Shopping
For Sale
Contact for pricing
1599 & 1605 Memorial Drive SE, Atlanta, GA 30317
Redeveloped shopping center anchored by Floor & Decor and currently 80% occupied, with immediate access to I-20.
Property Size105,650 SF
Days on Market133
Property Features for 1599 & 1605 Memorial Drive SE
General Information
Standard status
Active
Size
105,650 SF
Property subtype
Retail
Occupancy
80%
Site & Location
Traffic Count
177,000 vehicles/day
Highway Access
Yes
Listing Agency:
Atlantic Retail Atlanta
Listed By:
Fred Victor · License #GA 245039
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 7:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Retail Atlanta
Investment Insights
Based on property information with market context.
Transwestern’s Southeast Investment Services Group presents the opportunity to acquire The Atlantic, a 105,650-square-foot redeveloped infill shopping center located in Atlanta, Georgia. The property represents the newest redevelopment along the revitalized Memorial Drive corridor and is anchored by Floor & Decor.
The Atlantic is 80% occupied and includes a long-term Floor & Decor lease, along with two availabilities for potential immediate lease-up. The property benefits from immediate access to I-20 at Maynard Terrace SE (177,000 VPD) and is within one mile of the I-20/Moreland Avenue interchange (43,200 VPD).
Buyers have the opportunity to evaluate both the stability of the anchored, long-term tenancy and the remaining leasing potential within the in-line and out-parcel space.
The Atlantic is 80% occupied and includes a long-term Floor & Decor lease, along with two availabilities for potential immediate lease-up. The property benefits from immediate access to I-20 at Maynard Terrace SE (177,000 VPD) and is within one mile of the I-20/Moreland Avenue interchange (43,200 VPD).
Buyers have the opportunity to evaluate both the stability of the anchored, long-term tenancy and the remaining leasing potential within the in-line and out-parcel space.
Key Highlights
- Redeveloped infill shopping center totaling 105,650 SF in Atlanta, GA
- Currently 80% occupied and anchored by Floor & Decor on a long‑term lease
- Value‑add component available through lease‑up of remaining in‑line and out‑parcel space
Property Analytics
Property Profile
Current Use
Lease Details
177,000 VPD
Traffic count
80%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30317, GA
13,774
Population
7,220
Households
1.9
Avg Household Size
36
Median Age
61%
College-Educated
95%
High-School Grad
3.5 sq mi
ZIP Area
3,935
Density / Sq Mi
$105,190
Median Household Income
$64,968
Median Earnings
$1,619
Median Rent
$510,600
Median Home Value
Market
Vacancy Rate% for Retail in Atlanta, GA
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Similar Off Market Nearby
- Kirkwood Park — Hosea L Williams Dr NE, Atlanta, GA 30307
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Frequently Asked Questions
What type of property is this?
Shopping center - Redeveloped shopping center anchored by Floor & Decor and currently 80% occupied, with immediate access to I-20.
Where is this shopping center located?
The property is located at 1599 & 1605 Memorial Drive SE Atlanta, GA.
What are key features of this property?
This property features: Redeveloped infill shopping center totaling 105,650 SF in Atlanta, GA; Currently 80% occupied and anchored by Floor & Decor on a long‑term lease; Value‑add component available through lease‑up of remaining in‑line and out‑parcel space
