2460-2472 Martin Luther King Jr Dr - Freestanding FOR SALE


Atlanta, GA 30311- Harland Terrace
$3,480,000 USD
404-812-8927
2460-2472 Martin Luther King Jr Dr, Atlanta, GA for Sale
$3,480,000 USD
Freestanding - FOR SALE
1/16
null | 8.59% Cap Rate

2460-2472 Martin Luther King Jr Dr
Atlanta, GA 30311
Harland Terrace


HIGHLIGHTS

  • Located across the street from the Hamilton E. Holmes MARTA station
  • Strong tenant mix for the area with many long standing tenants
  • Additional income from leased billboards

OVERVIEW

Gordon Plaza is an excellent opportunity for an investor to acquire a fully leased retail property located in a designated qualified opportunity zone. The 20,158 square foot building is situated on 1.548 acres and has 13 current tenants; some of them operating at this location for over a decade. The property is well located with quick access to I-20 and I-285 as well as the Hamilton E. Holmes MARTA station across the street. There is also a newer development next to the MARTA station serving as boutique office and retail incubator space. Microsoft is also developing a massive campus 4 miles from Gordon Plaza. The property was recently painted and the parking lot sealed and striped.

FOR SALE DETAILS

PRICE

$3,480,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

8.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gordon Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

-

APN/PARCEL ID

14-0205-LL-072-4

ASK ABOUT THIS PROPERTY

Elliott KyleSkyline Seven Real EstateMore Info
404-812-8927

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

Elliott KyleSkyline Seven Real EstateMore Info
404-812-8927

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