3292 Laventure Dr - Freestanding FOR SALE


Atlanta, GA 30341- Chamblee
$2,650,000 USD
470-279-4484
3292 Laventure Dr, Atlanta, GA for Sale
$2,650,000 USD
Freestanding - FOR SALE
1/10
null | 7.5% Cap Rate

3292 Laventure Dr
Atlanta, GA 30341
Chamblee


HIGHLIGHTS

  • Prime retail center with 100% occupancy and triple net leases
  • Growing NOI with built-in rental escalations across all tenants
  • Excellent location near Buford Highway and I-285
  • Recent capital improvements including roof, HVACs, and exterior paint
  • Strong retail and event demand in a high-traffic corridor
  • Diverse, expanding submarket with robust commercial activity

OVERVIEW

Located in the heart of Chamblee’s dynamic Buford Highway corridor, this ±6960 SF freestanding retail center presents a rare investment opportunity with full occupancy and triple net leases in place. The property is home to three established tenants—a café, restaurant/lounge, and event venue—each operating under 3-year terms with built-in rental escalations. Year-one net operating income is projected at $199,200, with all operating expenses reimbursed by tenants, delivering a strong 7.5% cap rate and growing returns over time. Recent capital improvements include a new roof (installed 3 years ago), four replaced HVAC units, and a full exterior repaint completed 2 years ago. These upgrades reduce near-term maintenance exposure and enhance curb appeal. Strategically positioned near I-285 and Buford Highway, the site benefits from high visibility and accessibility, drawing consistent traffic from both local residents and commuters. Chamblee’s rapid growth, diverse demographics, and expanding commercial footprint further reinforce the asset’s long-term value. The surrounding area is a vibrant mix of retail, residential, and cultural destinations, popular among young professionals and families. With residential values averaging $483K and commercial assets often exceeding $3M, this property is competitively priced at $2,650,000. Its location, tenant stability, and income growth potential make it a compelling choice for investors seeking durable cash flow in a forward-leaning submarket.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$381 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Laventure Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C1

APN/PARCEL ID

18-281-02-010,18-281-02-011

ASK ABOUT THIS PROPERTY

Ruben RodriguezUC Premier Properties First TeamMore Info
470-279-4484

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Ruben RodriguezUC Premier Properties First TeamMore Info
470-279-4484

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