1146 1148 1150 Euclid Avenue. NE. - Retail FOR SALE


Atlanta, GA 30307- Little Five Points
$2,047,000 USD
404-812-8925
1146 1148 1150 Euclid Avenue. NE., Atlanta, GA for Sale
$2,047,000 USD
Retail - FOR SALE
1/5
null | 7% Cap Rate

1146 1148 1150 Euclid Avenue. NE.
Atlanta, GA 30307
Little Five Points


HIGHLIGHTS

  • Rare opportunity to purchase a three tenant property in the Little 5 Points area of Atlanta.
  • Approximately 200,000 people living within 3 miles, with income over $160,000 which is expected to grow to over $200,000 in the next 5 years
  • The L5Ps area draws people from all over Atlanta due to the unique restaurants, bars and shops such as Euclid Yacht Club and The Vortex.
  • Great location near the currently being redeveloped Findley Plaza, just off Moreland Avenue, making the immediate area a great gathering spot.
  • Foreign Express is to the left with the black storefront, which is an urban clothing jewelry boutique, which benefits from basement storage.
  • Leases do not state a square footage. 8,250 SF is from the tax assessor.

OVERVIEW

This offering is a rare opportunity to buy a retail property in the heart of Little 5 Points (L5P), leased to three tenants - Thai 5 & Sushi Bar, Urban Express Clothing Boutique, and NY Chopped Cheese Sandwich Shop. Properties in L5P rarely come to market, and there are rarely vacant spaces available. The park in front is current being redeveloped, and this will allow for even more pedestrian flow past the shop spaces. There is street parking and also a parking lot behind the buildings. Many people come from all over Atlanta to shop and dine and drink and the fun and quirky establishments. The Fulton County Tax Assessor has the the property at 8,250 total square feet. The suite to the left is an urban clothing and jewelry boutique with retail in the front and storage in the back and basement. The middle suite is an interior hall to the Thai 5& Sushi with the restaurant in the rear. NY Chopped Cheese is a new tenant in the suite to the right and is in process of building out their space.

FOR SALE DETAILS

PRICE

$2,047,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little 5 Points Retail

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-1

APN/PARCEL ID

14-0015-0007-023-9

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.