1923 Howell Ml NW Rd Atlanta, GA 30318-2513

This exceptional investment opportunity presents the Howell Mill Shops, a 5,969 square foot retail property located at 1923 Howell Mill Rd NW, Atlanta, GA 30318. The property boasts a prime location in a dense retail corridor within the Howell Mill Village and The District at Howell Mill, directly off Interstate 75, ensuring excellent visibility and accessibility. Currently 100% occupied with two tenants under brand new 10-year NNN leases featuring built-in rent increases, this property offers a secure and lucrative investment. The building, which underwent a complete renovation in 2022, including a new roof with a long-term warranty, features 30 parking spaces on a 0.43-acre lot. The permitted zoning is C1 - Retail - Multiple Occupancy. The property's strong financial performance is highlighted by a 7.00% cap rate and a net operating income (NOI) of $242,062. The asking price is $3,458,000, translating to a price per square foot of $579.33. Both tenants, Feet Retreat Spa Massage and Teriyaki Madness, are established businesses with personal guarantees on their leases. The property benefits from a strong demographic profile within a 5-mile radius, providing a substantial and readily available consumer base. This fee-simple ownership opportunity offers limited landlord responsibilities, making it an attractive investment for discerning buyers. The Fulton County property features APN 17-0153-0008-044-9 and was originally built in 1959.