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Retail Center Anchored by Truist Bank
For Sale
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Pending

825 Martin Luther King JR DR SW, Atlanta, GA 30314

Retail and bank property with established tenants, including Truist Bank, Beauty Depot, and BTJ Wings.

Property Size7,787 SF
Days on Market113

Property Features for 825 Martin Luther King JR DR SW

General Information

Standard status Pending
Size 7,787 SF
Property subtype Retail
Zoning C3
Investment Type Stabilized

Building Details

Tenancy Multi
Listing Agency: Greenwood Commercial Real Estate Group, LLC.
Listed By: Kenisha Robnett, CCIM, MRED · License #GA348914
Source: Crexi
Added: Jun 17 Changed: Sep 30 Last Checked: Oct 7 at 11:17AM

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 Greenwood Commercial Real Estate Group, LLC.

Investment Insights

Based on property information with market context.

825 Martin Luther King Jr. Drive SW is a retail-centered commercial property offered for sale. The asset totals 7,787 SF and features an anchored tenant mix that supports multiple day-to-day operating uses on-site.

The property is located on Martin Luther King Jr. Drive SW in Atlanta, positioned within a westside redevelopment corridor as described in the offering. It is anchored by a nationally branded Truist Bank, with additional tenants including Beauty Depot and BTJ Wings.

For buyers or operators seeking a multi-tenant retail and bank format, the existing tenant roster provides straightforward consideration for occupancy-driven use rather than single-tenant reliance. With both financial services and food and personal care concepts represented, the center may appeal to tenants looking for compatible nearby retail activity and established co-tenancy.

Key Highlights

  • Retail and bank property with established tenants including Truist Bank
  • Tenant roster includes Beauty Depot (beauty and personal care)
  • Tenant roster includes BTJ Wings (food and beverage)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,405
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,108,100 $2.1M
Cap Rate 7%
$1,505,786 $1.5M
Cap Rate 9%
$1,171,167 $1.2M
Market Conditions
NOI Build-Up for 7,787 SF
Gross rent
$149.5K $19.20/SF
− Vacancy
−$9.0K −$1.15/SF
EGI
$140.5K $18.05/SF
− OpEx
−$35.1K −$4.51/SF
NOI
$105.4K $13.54/SF
Area
Atlanta, GA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,108,100
Cap Rate 7%
$1,505,786
Cap Rate 9%
$1,171,167

Alternative Uses

Best Use
Specialty Retail
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,405 @ 7.0% cap · market cap 4.13%
Second Best
Retail
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,757 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M (±1% cap)
NOI $152,374 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

ATM (Truist Bank) Atm Coinstar Bank

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Florist Pet Store & Service Wine and Liquor Store Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,295
Businesses Nearby

Demographics for 30314, GA

20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Atlanta, GA

6.7% 2019
6.6% 2020
5.5% 2021
4.4% 2022
4.1% 2023
4.4% 2024
5% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Retail and bank property with established tenants, including Truist Bank, Beauty Depot, and BTJ Wings.
Where is this bank located?
The property is located at 825 Martin Luther King JR DR SW Atlanta, GA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Retail and bank property with established tenants including Truist Bank; Tenant roster includes Beauty Depot (beauty and personal care); Tenant roster includes BTJ Wings (food and beverage)
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