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691 14th St NW - Ground Level Retail Condo 11,095 SF Retail Condo Unit in Atlanta, GA 30318
Investment Highlights
- Urban, Walkable Generational Real Estate
- Excellent Access & Location Fundamentals
- 55 Deeded Parking Spaces
- Proven, Iconic, Destination-Oriented Tenancy with Notable Sales
- Irreplaceable Location
Executive Summary
The Property is prominently positioned below the Cottonwood Westside apartments (197 units) in one of Atlanta’s most rapidly densifying “in-town” and walkable areas, across the street from the renowned Westside Provisions District mixed-use project. The 3-mile population is 178,019, up 37% since 2010, and is projected to grow by an additional 8% through 2030. Within 1 mile, 5,014 new residential units have been delivered since 2015, and there are an additional 1,903 planned or under construction. The surrounding area is affluent, with 3-mile average household incomes of $153,685. Due to the Property’s destination-oriented tenancy, it serves a larger than typical trade area. 691 14th Street offers a unique combination of iconic real estate and tenancy, a secure income stream, and outstanding and growing demographics.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 55 |
| Sale Type | Investment |
| No. Parking Spaces | 55 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 11,095 SF | Retail | Upon Request | $1,037,104.95 CAD |
Unit Retail
| Unit Size |
| 11,095 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| $1,037,104.95 CAD |
Unit Retail
| Unit Size | 11,095 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | $1,037,104.95 CAD |
| Sale Type | Investment |
| No. Parking Spaces | 55 |
| Description | |
| 11,025 SF ground floor retail condominium (4 tenants) with parking revenue</li></ul> | |
| Sale Notes | |
| CBRE’s National Retail Partners - Southeast is proud to present for sale 691 14th Street – an in-fill, generational-quality 11,025 SF ground floor retail condominium located at the epicenter of Atlanta’s rapidly growing West Midtown neighborhood. The property is 100% leased to four tenants – award-winning chef-driven restaurants in Cooks & Soldiers and Mujo; Brilliant Earth; and Dermatology Affiliates. All tenants have operated at the property for at least 5 years, three of the four have renewed previously, and Cooks & Soldiers has outstanding sales. The offering also includes 55 deeded and dedicated parking spaces, with rapidly growing parking income.</li></ul> |
Property Facts
| Total Building Size | 411,165 SF | Typical Floor Size | 58,738 SF |
| Property Type | Multifamily (Condo) | Year Built | 2014 |
| Property Subtype | Apartment | Lot Size | 1.64 AC |
| Building Class | A | Parking Ratio | 2.32/1,000 SF |
| Floors | 7 | ||
| Zoning | I2 - 2X0 - Apt Mid Rise - Class X | ||
| Total Building Size | 411,165 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 7 |
| Typical Floor Size | 58,738 SF |
| Year Built | 2014 |
| Lot Size | 1.64 AC |
| Parking Ratio | 2.32/1,000 SF |
| Zoning | I2 - 2X0 - Apt Mid Rise - Class X |
Amenities
Site Amenities
- Controlled Access
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Spa
- On-Site Retail
- Package Service
- Storage Space
- Bicycle Storage
- Elevator
- Lounge
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 611 - 1,600 |
| 1+1 | 121 | - | 726 - 1,600 |
| 2+2 | 64 | - | 1,093 - 1,277 |
Presented by
691 14th St NW - Ground Level Retail Condo
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