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Property profile & analytics
OFF-MARKET Estimated value $7,100,000
Retail space

2770 Lenox NE Rd Atlanta, GA 30324-6006

42,110 SF 5.65 ac lot Built 1989
Entity Owned 19-yr Hold Free & Clear
Property ID
US22-1650494
Property summary
AI-generated overview

Lenox Village, a two-building retail center in Atlanta's prestigious Buckhead submarket, offers a unique investment opportunity. This 32,402 square foot property, built in 1989, features two stories and provides 207 parking spaces for customer convenience. Currently, one retail space of 1,712 square feet is available for lease. The center boasts a strong tenant mix, including Roasters Chicken, Sushi Kiku, Palm Beach Tan, and The Age Less Center. Its mixed-use design, incorporating residential apartments above the retail spaces, creates a built-in customer base and consistent foot traffic. Located on Lenox Road in Fulton County, Georgia (zip code 30324), the property benefits from high visibility and accessibility. Lenox Road sees an average daily traffic count of 51,800 vehicles, and the center is conveniently situated within one mile of the I-85 corridor (US Hwy 400), ensuring excellent exposure to a large consumer base. The property's location within a 13-minute radius of nearly 240,000 residents further enhances its appeal. The center's policy prohibits internet cafes and hookah bars. This prime Buckhead location presents a compelling opportunity for businesses seeking high-traffic retail space in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction WOOD
Total area 42,110 SF
Lot 5.65 ac (246,114 SF)
Zoning code PDH
APN 17 000700010535
UPID US22-1650494
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
Current use
Occupant on record · Public records
  • Gsuwoo's Closet ATL Clothing Store
  • Lenox Massage & Spa Alternative Medicine Practice Spa & Massage Center
  • Dr. Aldwin Martin Alternative Medicine Practice
  • Shoe Doctor (Bike/Boat/Book/etc) Store
  • Tracie L. Jackson, DPT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.55M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.10M
Owner & transaction history
Buckhead Plantation Ha LLC · 19 yrs held
Buckhead Plantation Ha LLC
since 2007
4 recorded transactions
2024
Price N/A
2007
$11.7M
2007
$11.7M
2007
Price N/A
Zoning & alternative use
PDH · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $11.5M +21.3%
Medical building $11.5M +21.2%
Auto repair, garage $10.7M +13.2%
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