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±7,654 SF Turnkey Salon 2045 Donald Lee Hollowell Pky NW 7,654 SF of Retail Space Available in Atlanta, GA 30318
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,654 SF | Negotiable | $13.88 CAD/SF/YR $1.16 CAD/SF/MO $106,223 CAD/YR $8,852 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 7,654 SF | Gross Leasable Area | 21,955 SF |
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Freestanding | Parking Ratio | 4.55/1,000 SF |
| Total Space Available | 7,654 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 21,955 SF |
| Year Built | 1964 |
| Parking Ratio | 4.55/1,000 SF |
About the Property
• Turn-key ± 7,654 SF of existing salon or salon education facility • ± 7,654 space with adjacent space currently in shell condition can be combined for total of ±9,750 SF • 30 chairs and 11 administrative offices that could be converted to private suites • Dominant retail center in transitioning Grove Park neighborhood • Ample signage opportunities on both East and South facing sides of building • Abundant parking, can be converted to secured parking • At the intersection of two major thoroughfares: Donald Lee Hollowell Pkwy and Hollywood Rd • Excellent visibility, access and traffic counts (20k+ on each street) • Opportunity Zone | $3,500 Tax credit for each job created • Perry Bolton Tax Allocation District | Grants available to cover 2% of build-out cost • With direct proximity to Westside Park - Atlanta’s largest green space addition in decades • Located minutes from the Atlanta Beltline Westside Trail, Westside Park, and the broader English Avenue/Vine City revitalization corridor, Grove Park is attracting renewed investor interest as surrounding neighborhoods continue to appreciate
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±7,654 SF Turnkey Salon | 2045 Donald Lee Hollowell Pky NW
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