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728 Monroe Drive NE, Atlanta, GA

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DetailMap
728 Monroe Drive NE

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

(3.3 MB)

Property Type:Retail Sub Type:- Status:Existing , Renov 2016 Year Built:1954
Building Size:9,500 SF Land Area:.59 AC (25,700 SF)
% Leased:
For Sale Price:$2,400,000 Price/SF:$252.63
Cap Rate:7.70 %
Smallest Space:1,850 SF Largest Space:1,850 SF Total Space Avail:1,850 SF Rent/SF/Yr:
$32.00
Parking:Free Surface spaces are available; Ratio of .52/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,850 SF
$32.00/SF/Yr
Vacant
Negotiable
Retail
 
11275822
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,850 SF
$32.00/SF/Yr
Vacant
Negotiable
Retail
* 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 100% occupied, 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 three 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 and several new systems. 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 totaling 5,350 SF.
Significant upside in re-tenanting one of the rear spaces utilizing Landlord termination option and re-leasing space at market rent.

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


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



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