216-232 E Ponce de Leon Ave - Retail FOR SALE
Decatur, GA 30030 |
216-232 E Ponce de Leon Ave
Decatur, GA 30030
HIGHLIGHTS
- The Investment Offering Includes the Street Level Retail Condominium Component of Decatur Renaissance | Located in the Heart of Downtown Decatur
- A luxury mixed-use building built in 2005 with 168 residential condominiums, state-of-the-art health club, courtyard, pool, and business center (NAP)
- 100% Occupied by Service-Based Retail Tenants
- Stable and Diverse Income Stream in a Highly Desirable Affluent Market: $153,906 average household income within a 1-mile radius
- Ideal Passive Ownership: All tenants are on NNN leases; CAM responsibility is held by HOA and landlord fees are reimbursed by tenants
- Easily Accessible with Coveted Reserved Parking: Decatur is 6 miles from Atlanta and directly linked to 30 million annual riders on MARTA
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Shops at Decatur Renaissance
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
6216
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
15-246-08-003
