1302 Donnelly Ave - Freestanding FOR SALE


Atlanta, GA 30310- West End
$995,000 USD
770-598-6212
1302 Donnelly Ave, Atlanta, GA for Sale
$995,000 USD
Freestanding - FOR SALE
1/11
null | 9.2% Cap Rate

1302 Donnelly Ave
Atlanta, GA 30310
West End


OVERVIEW

BUILDING AND PROPERTY •Three-tenant neighborhood retail building •Two equal-sized floors totaling ±6,463 SF •2022-2025 Renovations included gutting building, new roof, paint, parking lot, lighting, flooring, electrical, and masonry updates/repairs •Water is sub-metered and gas/electric are individually metered •11 off-street parking spaces and free street parking •±0.29 AC Parcel | Zoned C-1 BeltLine Overlay LOCATION •Steps from the Atlanta BeltLine Westside Trail in the heart of the West End neighborhood •BeltLine spur expected to be paved and lit in 2027 along with direct connection to Donnelly Ave •Minutes from Lee + White food hall, Monday Night Garage, Best End Brewing, and other local retail and restaurants •15 Minute (3.8 mile) drive north to Downtown Atlanta •16 Minute (9.5 mile) drive south to Hartsfield-Jackson Atlanta International Airport TENANTS AND LEASES •Main floor split into two suites and terrace level is one large suite •Tenants include a salon and convenience store on main and art gallery/event space on terrace level •Weighted average lease term (WALT) on July 1st, 2025 is 60 months •Full-service leases with low average rent of $15.89/SF

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

9.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3-Tenant Neighborhood Retail Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C1

APN/PARCEL ID

14-0139-0004-092-8

ASK ABOUT THIS PROPERTY

Michael Wess, CCIMBull Realty Inc.More Info
770-598-6212

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Michael Wess, CCIMBull Realty Inc.More Info
770-598-6212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.