1916 Piedmont Rd NE
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1916 Piedmont Rd NE
2,800 SF Office Building Atlanta, GA 30324 $2,000,000 ($714/SF) 6.68% Cap Rate
Investment Highlights
- Rare free standing building on highly sought after Piedmont Rd corridor
- Incredible intown location just off I-85 with +/- 23,000 vehicles/day
- Easily converted into multiple uses
- Highly visible sign directly on Piedmont Rd
Executive Summary
Atlanta Leasing Investment is pleased to offer 1916 Piedmont Rd NE for purchase. +/- 2,800 freestanding retail/office building. The property is currently occupied by a boutique salon whose lease extends through April 2028. This property is zoned MRC-2-C and has the potential for redevelopment to achieve a higher density.
The space has ample parking, large monument signage, high visibility, and is in one of the prime retail corridors in Atlanta.
Rare free-standing building
Ample parking for any use
Easily converted into multiple uses
Strong retail corridor
Highly visible sign directly on Piedmont Rd
Incredible Intown location just off I-85
The space has ample parking, large monument signage, high visibility, and is in one of the prime retail corridors in Atlanta.
Rare free-standing building
Ample parking for any use
Easily converted into multiple uses
Strong retail corridor
Highly visible sign directly on Piedmont Rd
Incredible Intown location just off I-85
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,800 SF
Building Class
C
Year Built
1970
Price
$2,000,000
Price Per SF
$714
Cap Rate
6.68%
NOI
$133,665
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.21
Lot Size
0.31 AC
Zoning
MRC-2-C, Atlanta - See offering package
Parking
19 Spaces (6.79 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Restaurant
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Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 17-0050-0004-085-0 | Improvements Assessment | $47,360 |
| Land Assessment | $299,000 | Total Assessment | $346,360 |
PROPERTY TAXES
Parcel Number
17-0050-0004-085-0
Land Assessment
$299,000
Improvements Assessment
$47,360
Total Assessment
$346,360
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1916 Piedmont Rd NE
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