1358 Glenwood Ave SE - Freestanding FOR SALE


Atlanta, GA 30316- East Atlanta
$1,999,000 USD
770-598-6212
1358 Glenwood Ave SE, Atlanta, GA for Sale
$1,999,000 USD
Freestanding - FOR SALE
1/29
null | 6% Cap Rate

1358 Glenwood Ave SE
Atlanta, GA 30316
East Atlanta


HIGHLIGHTS

  • Renovated in 2020 with modern industrial finishes and exposed brick
  • Located in East Atlanta Village, a high-demand walkable district
  • Strong tenant performance and community engagement
  • 10 surface parking spaces—rare for the area
  • Surrounded by top retail, dining, and cultural destinations

OVERVIEW

• Freestanding building leased to fitness studio OxFit • Adaptive reuse building with modern touches | Fully renovated by tenant in 2020 • Interior design blends modern industrial elements with warm finishes and exposed brick • Gym features high ceilings, open layout, and floor-to-ceiling windows for natural light • Tenant OxFit is loved by community and holds a 4.9 star Google rating • Two intown Atlanta locations | Successful operating history at this location • Strong social media following & engagement from EAV’s young professional base • Tenant on true NNN lease | Allows for reimbursement of management and all CAPEX • 3% Annual Escalations | 5% Base rent management expense reimbursement • ±0.23 Acres | 10 Parking spaces - many for this dense downtown area • Located in the heart of East Atlanta Village | vibrant, walkable, sought-after location • Popular for restaurants, nightlife, retail, and culture • Steps from famous hot spots Southern Feedstore, Argosy, and The Earl • Rapid home value growth | Average home prices almost $500k

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$599 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Retail Investment | 6% Cap Rate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

NC-2

APN/PARCEL ID

15-177-02-142

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 Notice.