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5344 Peachtree Rd 6,400 SF 100% Leased Retail Building Chamblee, GA 30341 $2,844,519 CAD ($444.46 CAD/SF) 4.92% Cap Rate
Investment Highlights
- Foot Traffic
- Original Brick
- Centralized location within Chamblee restaurant and entertainment district
Executive Summary
Historic Building in the heart of Chamblee downtown, and short walk to the new mixed use project that will be Chamblee City Center and deliver in 2028. Prime Location and opportunity. Seller occupies the basement, which is set up as flex/office, and upstairs is occupied by Atlanta Golf & Social, whose lease expires June 2027; Tenant has uniquely structured lease, as Modified Gross Lease, and paying below market, in exchange for when Tenant signed Lease, Tenant paid for entire buildout and MEP work with no TIA; renewal is at FMV.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
6,400 SF
Building Class
C
Year Built/Renovated
1945/2021
Price
$2,844,519 CAD
Price Per SF
$444.46 CAD
Cap Rate
4.92%
NOI
$139,950 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.13 AC
Zoning
VC - Village Commercial (VC)
Parking
17 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Fenced Lot
- Storage Space
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-299-16-003 | Improvements Assessment | $551,211 CAD |
| Land Assessment | $51,941 CAD | Total Assessment | $603,152 CAD |
Property Taxes
Parcel Number
18-299-16-003
Land Assessment
$51,941 CAD
Improvements Assessment
$551,211 CAD
Total Assessment
$603,152 CAD
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5344 Peachtree Rd
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