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728 Monroe Drive NE, Atlanta, GA

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728 Monroe Drive NE

Atlanta, GA 30308-4523 - Midtown/Brookwood Ret Submarket

(3.2 MB)

Property Type:Retail Sub Type:- Status:Existing Year Built:1954
Building Size:9,500 SF Land Area:.59 AC (25,700 SF)
For Sale Price:$2,400,000 Price/SF:$252.63
Cap Rate:8.00 %
Parking:Free Surface spaces are available; Ratio of .52/1,000 SF

* Located in Midtown @ Ponce de Leon and Monroe
* Upper level is retail
* Lower level is warehouse space with excellent parking

Sale Notes:
Bull Realty is pleased to present the opportunity to acquire this multi level freestanding retail/office building on Monroe Drive, just north off Ponce de Leon Avenue in Atlanta. The property is centrally located in between 3 of the hottest neighborhoods in town Atlanta including Midtown, Old Fourth Ward and Virginia Highland. Walking distance to Piedmont Park, the Atlanta Beltline Trail and Ponce City Market.

The property just underwent a renovation and face lift in 2016 including a brand new roof. Easy upfront parking with a large additional parking area in the rear of the building.

The building has three retail suites facing Monroe Drive totaling 4,150 SF. There are two additional office/retail suites in the rear; a 3,500 SF available former salon space and an 1,850 SF occupied office suite (Landlord has the option to terminate this tenant with 120 day notice if more space is desired).

Bull Realty Inc.
Andy Lundsberg
(404) 876-1640 x107

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