2457 Martin Luther King Jr Dr NW - Retail FOR SALE


Atlanta, GA 30311
$3,950,000 USD
770-289-2792
2457 Martin Luther King Jr Dr NW, Atlanta, GA for Sale
$3,950,000 USD
Retail - FOR SALE
1/9
null | 7.79% Cap Rate

2457 Martin Luther King Jr Dr NW
Atlanta, GA 30311


HIGHLIGHTS

  • 15,600 SF Retail Strip Center
  • 100% Occupied with Stable Tenants
  • High Traffic Location with 31,000 VPD
  • Short walk to Marta
  • Prime Atlanta MSA area

OVERVIEW

Holmes Plaza represents a fully-occupied retail investment opportunity in Atlanta, Georgia. The 15,600 square foot strip center has 7 suites and 76 parking spaces (4.87/1000 sf) There is a value added opportunity to upgrade existing local yet stable tenant base with national tenants paying market rates. The location has high traffic,excellent visibility, easy access, and is convenient to the I20/Holmes Drive interchange just 6 miles west of downtown Atlanta. The Hamilton E Holmes Marta station is approximately 400 feet west of the center. The center benefits from high vehicle and pedestrian traffic.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

7.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holmes Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,011 SF

ZONING

C3

APN/PARCEL ID

14-0205-0002-034-1

ASK ABOUT THIS PROPERTY

Tom HunterSVN - Interstate Brokers & AuctioneersMore Info
770-289-2792

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Tom HunterSVN - Interstate Brokers & AuctioneersMore Info
770-289-2792

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