1422 Woodmont Ln NW - Showroom FOR SALE


Atlanta, GA 30318- Upper West Side
$850,000 USD
678-613-5519
1422 Woodmont Ln NW, Atlanta, GA for Sale
$850,000 USD
Showroom - FOR SALE
1/35
null | Request Cap Rate

1422 Woodmont Ln NW
Atlanta, GA 30318
Upper West Side


HIGHLIGHTS

  • Ample Client & Tenant Parking, Monument Signage
  • All Brick construction
  • 100% leased with 4 years remaining of lease term

OVERVIEW

2,800sf flex office retail showroom space in the surging Upper West Midtown market. Optimally located in Upper West Midtown with its proliferating growth and real estate investment. Moments to the 80 acre Works at Chattahoochee mixed use development. The entire area is awash with adaptive reuse projects, creative office demand and residential inflows. West midtown delivers a blend of historic buildings, modern lofts, multifamily developments and repurposed warehouses and offers an opportunity for strong appreciation relative to more mature real estate markets in Metro Atlanta. New TPO Roof installed in 2021. HVAC Replaced in 2016. The property is currently leased with four years remaining of lease term, escalating annually at 3% but option for vacant sale to an Owner User exists. Opportunity to extend current lease or release at substantially increased prevailing market rents. Solid Investment with immediate income. Current Landlord responsibilities are limited to roof, exterior walls, property taxes and mechanical systems repairs exceeding $1,500. The Association Fees cover Property Insurance and are paid for by the tenant.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1422 Woodmont Ln Unit 3

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,155

ZONING

I2, City & County

APN/PARCEL ID

17-0192-0002-043-0

ASK ABOUT THIS PROPERTY

Darren ComerKeller Knapp RealtyMore Info
678-613-5519

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Darren ComerKeller Knapp RealtyMore Info
678-613-5519

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