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845 Flat Shoals Rd

2,667 SF 100% Leased Retail Building Atlanta, GA 30316 $1,395,000 ($523/SF) 6% Cap Rate

Executive Summary

100% Leased Commercial building just south of the HIstoric East Atlanta Village. All systems, roof, parking lot and storefront replaced in 2022. Space is fully Leased. One Tenant is Open with the second set to open Summer 2024. CAP Rate shown is based on in place rent.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,667 SF
Building Class
C
Year Built/Renovated
1959/2020
Price
$1,395,000
Price Per SF
$523
Cap Rate
6%
NOI
$83,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Land Acres
0.20 AC
Zoning
C1 - Commercial
Parking
10 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
100 FT on Flat Shoals Avenue SE

Amenities

  • Corner Lot

Nearby Major Retailers

Truist
Kroger
CrossFit
Chase Bank
Piggly Wiggly
Super Iga Foods
Bank of America
Krystal
Checkers
Cook Out

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-146-12-036
Land Assessment
$60,000
Improvements Assessment
$46,360
Total Assessment
$106,360
  • Listing ID: 29451477

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 845 Flat Shoals Rd, Atlanta, GA 30316

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