1466 Central Ave Atlanta, GA 30344

Property Details for 1466 Central Ave

Year built

1972

Construction

STEEL FRAME

Lot size

0.34 lot acres

Property size

7,750 SF

Zone code

I2

Property type

Auto shops

APN

14 013100090012

APU

14013100090012

Description

This ±8,050 square foot freestanding warehouse in East Point, Georgia, is available for sale for $1,500,000. The property boasts a strong 8% cap rate and a current NOI of $120,000, with 100% occupancy under a triple net (NNN) lease. The building, situated on a 0.43-acre lot, features 12 parking spaces, one loading dock with one dock-high door, and a generous 18-foot ceiling height. The interior comprises approximately 2,200 square feet of office space and 5,850 square feet of warehouse space, divisible by four removable interior walls. Both the office and warehouse areas include bathrooms. The building also offers eight drive-in doors and fenced outside storage. Zoned I-1, this multi-tenant property (currently with one tenant) offers a lease commencement date of October 1, 2024. Its prime location on Central Avenue in East Point provides easy access to I-85/75 and Hartsfield-Jackson Atlanta International Airport, making it an ideal investment opportunity for owner-occupants or investors seeking strong cash flow. The building is well-maintained and presents a versatile space suitable for a variety of businesses.

Location Insight

City

East Point

County

Fulton

State

Georgia

Longitude

-84.4367

Latitude

33.6696

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments