1495 Northside Dr - Retail FOR SALE


Atlanta, GA 30318- Loring Heights
$4,225,000 USD
770-598-6212
1495 Northside Dr, Atlanta, GA for Sale
$4,225,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

1495 Northside Dr
Atlanta, GA 30318
Loring Heights


HIGHLIGHTS

  • ±13,368 SF Two-tenant retail building with up to 18’ ceiling heights
  • 100% leased to Team Rehabilitation and Sam Flax
  • Excellent visibility and frontage on Northside Drive NW
  • Three ingress/egress points with permanent easement from Deering Road NW
  • Situated on a ±0.774-acre site with ±49 surface parking spaces
  • Directly across from the Atlanta BeltLine

OVERVIEW

Bull Realty is pleased to present 1495 Northside Drive NW, a rare covered land investment located directly across from the Atlanta BeltLine in one of Atlanta’s most dynamic corridors. The ±13,368 SF retail property is 100% leased to Team Rehabilitation and Sam Flax, providing stable in-place cash flow at an attractive 7.2% cap rate while allowing investors to benefit from the long-term appreciation potential of an irreplaceable BeltLine location. Situated on a generous ±0.774-acre parcel with exceptional visibility along Northside Drive, the property offers immediate income today and compelling redevelopment potential tomorrow. Existing rents average approximately $22.29/SF NNN, providing meaningful upside through future lease renewals, while the underlying land presents an outstanding opportunity for future mixed-use, retail, or residential redevelopment as the BeltLine corridor continues to mature. Combined with immediate access to I-75, West Midtown, Georgia Tech, Midtown, and Downtown Atlanta, this is a unique opportunity to acquire a high-performing investment with multiple paths to value creation.

FOR SALE DETAILS

PRICE

$4,225,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BeltLine Two-Tenant Retail Investment

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

I1, Atlanta

APN/PARCEL ID

17-0148-LL-035-4

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.