Property profile

1181 Hammond Dr Sandy Springs, GA 30328

OFF-MARKET
Retail properties & Spaces
175,835 SF
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Property summary

AI-generated overview

This exceptional retail property, known as Perimeter Expo, presents a unique investment opportunity in Atlanta's thriving Central Perimeter submarket. Located at 1181 Hammond Dr, Sandy Springs, GA 30328, this two-story, open-air center boasts a total of 175,835 square feet, with a significant 36,598 square feet currently available for lease. The property is situated in Fulton County and benefits from its strategic location within a high-demand area. The surrounding neighborhoods feature exceptionally high average household incomes, exceeding $185,560 within a five-mile radius, ensuring a strong and affluent customer base. The recent development and ongoing construction of numerous apartments and townhomes in the immediate vicinity further contribute to the robust retail demand. This presents a compelling opportunity for businesses seeking exposure to a dense population of high-spending consumers. The property's multiple tenancy structure offers flexibility and potential for diverse retail offerings. This prime location in the Central Perimeter submarket, combined with the substantial available space, makes Perimeter Expo an attractive proposition for discerning investors and retailers alike. The property's open-air design enhances visibility and accessibility, creating a welcoming environment for shoppers.

Property profile

Verified
Property type Retail properties & Spaces
Total area 175,835 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1181 Hammond Dr Sandy Springs, GA 30328
Sandy Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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