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INVESTMENT HIGHLIGHTS
- 2800 SF building 2 units
- Long term lease in place 50% of building
- Renovated 2021 with local franchise
- Perfect for Owner User
EXECUTIVE SUMMARY
Presenting a prime investment opportunity in the vibrant Atlanta area, this property boasts a 2800 SF building with 2 units, offering ample space and flexibility for prospective investors. Built in 1964 and recently renovated in 2021 to modern standards, this meticulously maintained property is zoned C-2, ensuring versatile usage options. With a current occupancy rate of 50%, investors have the potential to capitalize on immediate returns while seizing the opportunity to further maximize utilization. Positioned for growth and situated in a strategic location, this property is an exceptional proposition for office building investors seeking a valuable addition to their portfolio in the dynamic Atlanta market.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built/Renovated
1964/2021
NOI
$50,105 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
0.41 AC
Zoning
C2 - C-2
Parking
18 Spaces (6.43 Spaces per 1,000 SF Leased)
Frontage
92’ on N Rock Spring Rd
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-0051-0001-097-7 | Improvements Assessment | $928,507 CAD |
| Land Assessment | $421,738 CAD | Total Assessment | $1,350,245 CAD |
PROPERTY TAXES
Parcel Number
17-0051-0001-097-7
Land Assessment
$421,738 CAD
Improvements Assessment
$928,507 CAD
Total Assessment
$1,350,245 CAD
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1825 NE Piedmont Ave
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