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5300 Peachtree Rd - The Lofts at 5300 5,304 SF Office/Retail Condo Unit Offered at $2,066,250 CAD in Chamblee, GA 30341
Investment Highlights
- Five units, diversified rent roll
- Includes 10 covered parking space (2 per unit) and access to residential condo amenities
- Transit oriented development with abundant surface parking at MARTA train station across the street
Executive Summary
The Lofts at 5300 is a mixed-use Class A condo building, with 242 residential units located in the vibrant historic Chamblee retail area, with easy access to the Atlanta Metro area, and located directly across from MARTA. Each unit is privately owned, and the parking lots and landscaping are owned in common. The attractively landscaped setting is located in Chamblee on Peachtree Road, between Chamblee Tucker Road and Chamblee Dunwoody Road and around the corner from the new Assembly Atlanta production studio complex. Situated inside the perimeter, I-285 is 2 miles north, I-85 is 4.5 miles east, and GA 400 is 4 miles west. In addition to free on street parking, additional free parking is available at Chamblee Marta across the street. The Lofts at 5300 is a stylish, modern, and well-appointed mixed-use building with excellent exposure on Peachtree Road with a traffic count of approximately 7,000 vehicles per day.
1 Unit Available
Unit 1304-1308
| Unit Size | 5,304 SF | Sale Type | Investment |
| Price | $2,066,250 CAD | Cap Rate | 8.90% |
| Price Per SF | $389.56 CAD | NOI | $183,896.26 CAD |
| Condo Use | Office/Retail |
| Unit Size | 5,304 SF |
| Price | $2,066,250 CAD |
| Price Per SF | $389.56 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 8.90% |
| NOI | $183,896.26 CAD |
Sale Notes
Atlanta Leasing Investment is pleased to offer 5300 Peachtree Rd - The Lofts at 5300 (the “Property”) for purchase. The Property consists of street-level retail/office condos measuring +/- 5,304 square feet in the vibrant City of Chamblee. Managed and maintained by a single owner since 2007, the Property is in excellent condition and divided into 5 tenant-friendly layouts. Each unit includes 2 covered parking spaces, and access to EV chargers and the well-equipped condo gym.
Currently 80% leased, the asset will yield 8.9% once 100% occupancy is achieved.
Property Facts
| Total Building Size | 317,780 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 79,445 SF |
| Property Subtype | Apartment | Year Built | 2008 |
| Building Class | A | Lot Size | 3.99 AC |
| Zoning | TOD - The Transit Oriented Development zoning was created to promote a mixed-use town center and walkability. | ||
| Total Building Size | 317,780 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 4 |
| Typical Floor Size | 79,445 SF |
| Year Built | 2008 |
| Lot Size | 3.99 AC |
| Zoning | TOD - The Transit Oriented Development zoning was created to promote a mixed-use town center and walkability. |
Amenities
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Property Manager on Site
- Security System
- Tenant Controlled HVAC
- Tennis Court
- Gated
- Gameroom
- Grill
Presented by
5300 Peachtree Rd - The Lofts at 5300
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