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    OFF-MARKET
    Retail properties & Spaces

    1181 Hammond Dr, Sandy Springs, GA 30328

    175,835 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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