Log In/Sign Up
Your email has been sent.
Smoothie King & Urban Sprout 876 Virginia Ave 2,727 SF 100% Leased Retail Building Hapeville, GA 30354 $3,320,456 CAD ($1,217.62 CAD/SF) 6.65% Cap Rate



INVESTMENT HIGHLIGHTS
- Long Term Lease
- Minimal Landlord Responsibilities
- Prime Retail Location
- Attractive Increases
- Dynamic Tenants
- Strong Traffic Counts
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a Smoothie King & Urban Sprout located at 876 Virginia Avenue in Atlanta, Georgia (the “Property”). The two-tenant Property is improved by a 2,727 square foot building on a 0.43-acre corner parcel. Smoothie King has been at this location since 2019 and just extended their lease (3 years early), demonstrating their commitment to the site and market. Smoothie King has 8+ years remaining on their lease. Urban Sprout has a new 5-year lease with one (1), five-year renewal option. Both leases call for attractive annual rent increases. Smoothie King & Urban Sprout are extremely well located at the intersection of Oakridge Avenue and Virginia Avenue and enjoy outstanding visibility, frontage and access. The Property is positioned in Atlanta’s Hapeville neighborhood along the perimeter of Hartsfield-Jackson Atlanta International Airport, one of the busiest in the world, and is part of a dominant trade area that is home to countless national retailers and restaurants, more than fifty (50) hotels, office complexes, and industrial/warehousing facilities, all of which drive traffic to the area and provide a captive customer base. Additionally, the Property is within minutes of several area schools, densely populated residential neighborhoods, and area highways.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,727 SF
Building Class
C
Year Built/Renovated
1978/2019
Price
$3,320,456 CAD
Price Per SF
$1,217.62 CAD
Cap Rate
6.65%
NOI
$220,810 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.43 AC
Zoning
C2
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
At Smoothie King, they believe each day is filled with promise and possibility. And their purpose is to help to get the most out of it. That’s why each of their ingredients is chosen carefully, and every one of their blends is crafted masterfully. So their customers can be their best self, live their best life, and rule the day. Their mission is to inspire people to live a healthy and active lifestyle, and their vision is to be an integral part of every health and fitness journey.
- Urban Sprout
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Accommodation and Food Services | - | - | - | ||
| Urban Sprout | Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-0098-0001-069-8 | Improvements Assessment | $193,491 CAD |
| Land Assessment | $212,024 CAD | Total Assessment | $405,516 CAD |
PROPERTY TAXES
Parcel Number
14-0098-0001-069-8
Land Assessment
$212,024 CAD
Improvements Assessment
$193,491 CAD
Total Assessment
$405,516 CAD
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Smoothie King & Urban Sprout | 876 Virginia Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

