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901 Abernathy Road - Serrano, Sandy Springs, GA

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901 Abernathy Road - Serrano

Sandy Springs, GA 30328 - Central Perimeter Submarket


Property Type:Multi-Family Number of Units:150 Status:Existing Year Built:2008
Stories:5 Building Size:200,000 SF Land Area:19.44 AC (846,806 SF)
For Sale Price:Condo (see detail) Price/Unit:For Sale Cap Rate:- GRM:-

Condos:This property has 1 condo for sale. The size of the for sale condo is 6,457 SF.
Parking:-


Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  GRND
Retail
6,457 SF
$750,000
Office
 
1780029


Floor
Suite
Unit SF
Price
Space Use
GRND
Retail
6,457 SF
$750,000
Office

Sale Notes:
· Discount to Replacement Cost - The asset can be purchased at a significant discount to replacement cost
· Upside Potential for the investor/buyer through repositioning & lease-up
· Shop space provides amenity base to a 150-unit luxury condominium project
· Affluent & dense Sandy Springs demographics with 94,284+/- people at an average household income exceeding $117,205 within a 3-mile radius
· Strategically located along GA 400 to capture Perimeter Center office day-time traffic, as well as Sandy Springs & Serrano residential traffic
· Proximity directly adjacent GA 400 provides fast, direct & convenient access to Atlanta metro highways & roads
· Strong growth market with a 9% projected population growth over the next 5 years, within a 3-mile radius
· High traffic counts with 30,080+/1 cars per day along Abernathy Rd.



Colliers International - Atlanta Realty, LLC
Tony D'Ambrosio
(404) 574-1048
View all my listings
David Joyner
(404) 574-1028
Joseph R Montgomery
(404) 252-2288 x1029

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