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PONCE STATION 468-474 Ponce De Leon Ave 5,510 SF 71% Leased Retail Building Atlanta, GA 30308 $6,539,885 CAD ($1,186.91 CAD/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Rare opportunity to purchase a three tenant building with 33 parking spots on Ponce De Leon Avenue in Historical Old Forth Ward of Atlanta
- Owner user opportunity-occupying the middle suite of 1,598 SF
- Global Ministries Headquarters next door with 334 employees
- Anchored by two national tenants: AT&T and Papa John’s Pizza
- Upside potential by leasing the mural on the AT&T side of the building
- Walking distance to Ponce City Market, Beltline, Piedmont Park, and more
EXECUTIVE SUMMARY
Ponce Station is a well-positioned retail property in one of Atlanta's most rapidly developing areas, located in the hear of Old Fourth Ward neighborhood. The property offers excellent visibility along the bustling Ponce de Leon Avenue, this location is a stone's throw from key landmarks like Ponce City Market and the Atlanta BeltLine's Eastside Trail, making it a prime spot for tenants. Ponce Stations is leased to two nationally recognized tenants: AT&T and Papa John’s Pizza.
Ponce Station is part of a broader wave of development and gentrification that has brought new life to the surrounding area. It is surrounded by a mix of contemporary developments and restored historic properties, offering a dynamic blend of old and new architecture. The property’s proximity to public transportation, green spaces like Historic Fourth Ward Park, and vibrant cultural attractions makes it an appealing choice for people seeking a walkable, energetic lifestyle with easy access to downtown Atlanta. Long-term, the area is expected to continue thriving as part of Atlanta’s urban resurgence, providing both residential and commercial opportunities in one of the city’s most sought-after neighborhoods.
Ponce Station is part of a broader wave of development and gentrification that has brought new life to the surrounding area. It is surrounded by a mix of contemporary developments and restored historic properties, offering a dynamic blend of old and new architecture. The property’s proximity to public transportation, green spaces like Historic Fourth Ward Park, and vibrant cultural attractions makes it an appealing choice for people seeking a walkable, energetic lifestyle with easy access to downtown Atlanta. Long-term, the area is expected to continue thriving as part of Atlanta’s urban resurgence, providing both residential and commercial opportunities in one of the city’s most sought-after neighborhoods.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,510 SF
Building Class
C
Year Built
1910
Price
$6,539,885 CAD
Price Per SF
$1,186.91 CAD
Cap Rate
6%
NOI
$392,529 CAD
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.45 AC
Zoning
C-2 - Commercial
Parking
31 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
207’ on Ponce De Leon Ave
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Storage Space
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- AT&T
- Services
-
99,999 SF
-
$9.99
-
Jan 0000
- PAPA JOHNS
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| AT&T | Services | 99,999 SF | $9.99 | Jan 0000 | ||
| PAPA JOHNS | Accommodation and Food Services | 99,999 SF | $9.99 | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- B
- 1,589 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| B | 1,589 SF | Retail | In-Line | Now |
B
| Size |
| 1,589 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-0048-0007-090-9 | Improvements Assessment | $454,025 CAD |
| Land Assessment | $561,710 CAD | Total Assessment | $1,015,735 CAD |
PROPERTY TAXES
Parcel Number
14-0048-0007-090-9
Land Assessment
$561,710 CAD
Improvements Assessment
$454,025 CAD
Total Assessment
$1,015,735 CAD
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PONCE STATION | 468-474 Ponce De Leon Ave
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