2287 Cascade SW Rd Atlanta, GA 30311-2844

This exceptional retail investment opportunity presents a fee-simple, multi-tenant shopping center and storefront property located at 2287 Cascade Rd, Atlanta, GA 30311. The 4,704 square foot net rentable space is situated on a 10,350 square foot lot and features five tenants, including a nationally recognized restaurant. The property boasts a strong 7.00% cap rate with a current NOI of $112,060. All leases are NNN (Net, Net, Net), minimizing landlord responsibilities. The property benefits from a prime location within the Cascade Heights Commercial Historic District and is designated as a Federal Opportunity Zone, offering significant tax advantages. Built in 1950 with renovations completed in 2022, the two-story building features updated infrastructure, including new sewer and water lines, and three-phase electrical service. The property is zoned NC-6 and enjoys a high occupancy rate. Annual rent bumps of 3% provide consistent income growth. The surrounding area is experiencing significant revitalization, with new construction and renovations underway. Conveniently located within 12 minutes of Downtown Atlanta and 18 minutes from Hartsfield-Jackson Atlanta International Airport, this property offers exceptional accessibility and strong growth potential. The property's location offers proximity to numerous parks, green spaces, and recreational amenities. The sale includes all executed leases and supporting documentation. The occupancy date is November 12, 2024. The asking price is $1,600,000.