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560 Dutch Valley Rd

4,000 SF Office/Retail Condo Unit Offered at $1,500,000 in Atlanta, GA 30324

Investment Highlights

  • GENERATIONAL BELTLINE-FRONTING REAL ESTATE
  • LEASED TO MARCH 2027
  • COMPLETE RENOVATION IN 2023
  • BORDERS PIEDMONT PARK AND ATLANTA BOTANICAL GARDEN
  • WALKABLE FROM VIRGINIA HIGHLAND
  • IN-PLACE RENT BELOW MARKET RENT

Executive Summary

Ground floor commercial space within The Belvedere Condominiums, the Property benefits from a dedicated 30 space surface parking lot and a beautiful outdoor patio overlooking the BeltLine and Piedmont Park.

Data Room Click Here to Access

Property Facts

Price $1,500,000
Unit Size 4,000 SF
No. Units 1
Total Building Size 4,000 SF
Property Type Retail (Condo)
Property Subtype
Restaurant
  • General Retail Storefront Retail/Office
Sale Type Investment or Owner User
Building Class C
Floors 1
Typical Floor Size 4,000 SF
Year Built 2000
Tenancy Single
Lot Size 0.10 AC
Parking Ratio 7.5/1,000 SF

1 Unit Available

Unit 100

Unit Size 4,000 SF
Price $1,500,000
Price Per SF $375.00
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 6.44%
NOI $96,600
No. Parking Spaces 30
Description

The restaurant build-out received significant high-end renovations in 2023, including new kitchen equipment, fixtures and bar. Two new 15-ton RTU’s were installed within the past 4 years, offering energy efficient HVAC.

Sale Notes

Foundry Commercial is delighted to present the opportunity to acquire 560 Dutch Valley Road NE, Suite 100. The Property is situated alongside the Eastside BeltLine trail and borders both Piedmont Park and the Atlanta Botanical Garden. Comprised of the ground floor commercial space within The Belvedere Condominiums, the Property benefits from a dedicated surface parking lot and a beautiful outdoor patio overlooking the BeltLine and Piedmont Park. The property is 100% occupied by a restaurant tenant, with in-place rents approximately 40% below market rent. Leased thru March 2027. Rent Bump in April 2025.

Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Major Tenant Information Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
Verdure Kitchen - Jan 0000

Amenities

  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

Chase Bank
Bank of America
PNC Bank
Kroger
Publix
Starbucks
Chopt
LA Fitness
Regions Bank
CrossFit

zoning

Zoning Code PD-MU (Planned Development + Beltline Overlay)
PD-MU (Planned Development + Beltline Overlay)
  • Listing ID: 32730923

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 560 Dutch Valley Rd, Atlanta, GA 30324

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