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BeltLine Two-Tenant Retail Investment 1495 Northside Dr 13,368 SF 100% Leased Retail Building Atlanta, GA 30318 $5,922,183 CAD ($443.01 CAD/SF)
Investment Highlights
- ±13,368 SF Two-tenant retail building with up to 18’ ceiling heights
- Excellent visibility and frontage on Northside Drive NW
- Situated on a ±0.774-acre site with ±49 surface parking spaces
- 100% leased to Team Rehabilitation and Sam Flax
- Three ingress/egress points with permanent easement from Deering Road NW
- Directly across from the Atlanta BeltLine
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Building Size
13,368 SF
Building Class
B
Year Built
1970
Price
$5,922,183 CAD
Price Per SF
$443.01 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.77 AC
Zoning
I1, Atlanta - City of Atlanta Zoning : I-1 (Light Industrial)
Upper Westside Overlay Use Regulations
Beltline Overlay Permitted Uses
Parking
49 Spaces
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-0148-LL-035-4 | Improvements Assessment | $253,089 CAD |
| Land Assessment | $476,286 CAD | Total Assessment | $729,374 CAD |
Property Taxes
Parcel Number
17-0148-LL-035-4
Land Assessment
$476,286 CAD
Improvements Assessment
$253,089 CAD
Total Assessment
$729,374 CAD
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BeltLine Two-Tenant Retail Investment | 1495 Northside Dr
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