1181 Hammond Dr, Sandy Springs, GA 30328
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.