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    1805 Memorial Dr Atlanta, GA 30317

    For Lease
    $16 SF/Yr

    Atlanta retail center, high foot traffic

    Lot size:
    93,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Atlanta retail opportunity presents 93,218 square feet of prime commercial space within the Parkview Station strip center. Located at 1805 Memorial Dr SE, Atlanta, GA 30317, this Class B property boasts three single-story buildings constructed in 1957 and renovated in 2010, situated on a generous 10.6-acre lot. The center currently features five suites, with 3,034 square feet of immediately available space, divisible to a minimum of 1,400 square feet and a maximum contiguous space of 3,034 square feet. The property benefits from a high volume of foot traffic generated by neighboring businesses including a newly built Lidl grocery store, Kirkwood Medical, LIV Fitness, and Ivy Preparatory Academy. Ample parking is provided with 777 spaces. The property is zoned MU-4 and has a tax cost per square foot of $0.16. This vibrant location in the Decatur/Parkview/Kirkwood submarket offers excellent visibility and accessibility, making it an ideal investment for a variety of retail businesses. The property's address is conveniently located near Warren St SE. The property's APN is 15 178 04 005.

    Property Features for 1805 Memorial Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,218 SF
    Class
    B
    Total Rate
    128174.75

    Building Details

    Year Built/Renovated
    1957/2010
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    9,000 SF
    Rate per SF
    $16

    HighLights

    • 93,218 SF of prime retail space in Atlanta's Parkview Station strip center.
    • Three single‑story buildings (1957 construction, 2010 renovation) on a 10.6‑acre lot at 1805 Memorial Dr SE, Atlanta, GA 30317.
    • 3,034 SF immediately available, divisible to 1,400 SF minimum.
    • High foot traffic due to nearby Lidl, Kirkwood Medical, LIV Fitness, and Ivy Preparatory Academy.
    • 777 parking spaces; MU‑4 zoning; $0.16 tax cost per SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AutoZone Auto Parts Auto Parts Store AUTOZONE 0910 Auto Parts Store Performance Tree Services Tree Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.328197
    Latitude
    33.747004

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    FAQs

    What type of property is this?
    Neighborhood center - Atlanta retail center, high foot traffic
    Where is this neighborhood center located?
    The property is located at 1805 Memorial Dr Atlanta, GA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 93,218 SF of prime retail space in Atlanta's Parkview Station strip center.; Three single-story buildings (1957 construction, 2010 renovation) on a 10.6-acre lot at 1805 Memorial Dr SE, Atlanta, GA 30317.; 3,034 SF immediately available, divisible to 1,400 SF minimum.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1805 Memorial Dr Atlanta, GA 30317
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