Cheshire Bridge Mixed-Use
1747 Cheshire Bridge Rd NE Atlanta, GA 30324
1747 Cheshire Bridge Rd NE, Atlanta, GA, 30324
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For Sale
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Mixed-use property with high traffic and connectivity in Atlanta.
Property Size23,000 SF
Price / SF$315.22
Days on Market1559
Property Features for 1747 Cheshire Bridge Rd NE
General Information
- Standard status
- Active
- Size
- 23,000 SF
- Property subtype
- Retail, Office, Mixed Use, Land
Building Details
- Year Built
- 1960
Listing Agency
Lavista Associates
(404) 218-5722
Listed by
Thomas Martin · License #GA 380309
Source
Crexi
Added: Apr 11, 2022 Checked: Jul 15 at 10:56 pm
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 Lavista Associates
Investment Insights
Based on property information with market context.
Located at the intersection of Cheshire Bridge and Piedmont, this mixed-use property at 1747 Cheshire Bridge offers high traffic counts and connectivity to popular areas in Atlanta. The property is situated in an area with high population growth and median household incomes exceeding $100,000, which is expected to drive continued growth and demand. The property size is 23000 square feet.
Key Highlights
- High traffic location at the intersection of Cheshire Bridge and Piedmont.
- Unparalleled connectivity to popular Atlanta areas.
- High population growth area.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $549.0k | $23.87 |
| − Vacancy | −$138.4k | −$6.02 |
| EGI | $410.7k | $17.85 |
| − OpEx | −$102.7k | −$4.46 |
| NOI | $308.0k | $13.39 |
23,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.40M
$3.85M – $5.13M
NOI $307,995 @ 7.0% cap · market cap 4.25%
Second Best
Mixed Use
$3.99M
$3.49M – $4.66M
NOI $279,450 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$6.43M
$5.63M – $7.50M
NOI $450,057 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Essential Roofing Guys
Roofing Company
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with high traffic and connectivity in Atlanta.
Where is this mixed-use property located?
The property is located at 1747 Cheshire Bridge Rd NE Atlanta, GA.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: High traffic location at the intersection of Cheshire Bridge and Piedmont.; Unparalleled connectivity to popular Atlanta areas.; High population growth area.
