Address St Atlanta, GA 30318
- Retail properties
- 6,800 SF
Current Use by Public Records
- Retail properties
Property Details for Address St
- Year built
- 2011
- Property size
- 6,800 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail investment opportunity presents a fully leased, multi-tenant strip center with an integrated gas station in South Fulton, Georgia. The property boasts 6,800 square feet across two buildings situated on a 40,685 square foot lot in a high-traffic, signalized intersection. Built in 2011, the complex features five tenants, all under triple-net (NNN) leases, ensuring zero operating costs for the owner. The current occupancy is 100%, with a strong NOI of $453,600 and a compelling 6.13% cap rate. The asking price is $7,400,000, translating to $1,088.24 per square foot. The property includes eight gas pumps and benefits from excellent condition, zero rent delinquencies, and no reported environmental issues. The seller is offering attractive 50% financing to qualified buyers. This is a prime opportunity for investors seeking a stable, high-return retail investment in a desirable Atlanta location. The property is zoned commercial and is offered as a real estate sale only
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4488
- Latitude
- 33.7946