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Two-Tenant Neighborhood Retail Building 1188 McLendon Ave NE 3,308 SF 100% Leased Retail Building Atlanta, GA 30307 $2,686,253 CAD ($812.05 CAD/SF)
Executive Summary
• Two-tenant neighborhood retail building in the heart of Little Five Points
• Both tenants have been in place since 2016 | 10-year operating history at this location
• Commoner Salon is beautifully renovated with industrial charm & holds a 4.9 Google rating
• Xhale City is one of the largest vape & CBD outlets with 30 Atlanta locations and over 50 across Georgia
• True NNN lease structure | Allows for reimbursement of CAPEX and management
• Hands-off lease structure | Extremely minimal landlord responsibilities
• ±3,308 SF | High ceilings | Abundant natural light with 18 skylights
• Prominent visibility from both McLendon Ave SE and Moreland Ave NE
• Strong Foot Traffic & Walkability to nearby Inman Park & Candler Park
• Easy drive to Virginia Highlands, Edgewood, and Krog Street Market
• Both tenants have been in place since 2016 | 10-year operating history at this location
• Commoner Salon is beautifully renovated with industrial charm & holds a 4.9 Google rating
• Xhale City is one of the largest vape & CBD outlets with 30 Atlanta locations and over 50 across Georgia
• True NNN lease structure | Allows for reimbursement of CAPEX and management
• Hands-off lease structure | Extremely minimal landlord responsibilities
• ±3,308 SF | High ceilings | Abundant natural light with 18 skylights
• Prominent visibility from both McLendon Ave SE and Moreland Ave NE
• Strong Foot Traffic & Walkability to nearby Inman Park & Candler Park
• Easy drive to Virginia Highlands, Edgewood, and Krog Street Market
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
3,308 SF
Building Class
C
Year Built/Renovated
1925/2016
Price
$2,686,253 CAD
Price Per SF
$812.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.84
Lot Size
0.09 AC
Zoning
NC-1
Amenities
- Signage
- Skylights
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-240-03-045 | Improvements Assessment | $207,420 CAD |
| Land Assessment | $30,994 CAD | Total Assessment | $238,414 CAD |
Property Taxes
Parcel Number
15-240-03-045
Land Assessment
$30,994 CAD
Improvements Assessment
$207,420 CAD
Total Assessment
$238,414 CAD
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Two-Tenant Neighborhood Retail Building | 1188 McLendon Ave NE
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