1188 McLendon Ave NE - Storefront FOR SALE


Atlanta, GA 30307- Little Five Points
$1,965,000 USD
770-598-6212
1188 McLendon Ave NE, Atlanta, GA for Sale
$1,965,000 USD
Storefront - FOR SALE
1/38
null | 5.56% Cap Rate

1188 McLendon Ave NE
Atlanta, GA 30307
Little Five Points


OVERVIEW

• Two-tenant neighborhood retail building in the heart of Little Five Points • Both tenants have been in place since 2016 | 9-year operating history at this location • Commoner Salon is beautifully renovated with industrial charm & holds a 4.9 Google rating • Xhale City is one of the largest vape & CBD outlets with 30 Atlanta locations and over 50 across Georgia • True NNN lease structure | Allows for reimbursement of CAPEX and management • Hands-off lease structure | Extremely minimal landlord responsibilities • ±3,308 SF | High ceilings | Abundant natural light with 18 skylights • Prominent visibility from both McLendon Ave SE and Moreland Ave NE • Strong Foot Traffic & Walkability to nearby Inman Park & Candler Park • Easy drive to Virginia Highlands, Edgewood, and Krog Street Market

FOR SALE DETAILS

PRICE

$1,965,000 USD

PRICE/SF

$592 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two-Tenant Neighborhood Retail Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

NC-1

APN/PARCEL ID

15-240-03-045

ASK ABOUT THIS PROPERTY

Michael Wess, CCIMBull Realty Inc.More Info
770-598-6212

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Michael Wess, CCIMBull Realty Inc.More Info
770-598-6212

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