Marcus and Millichap is pleased to present the Red Oak Village for sale in
Atlanta, Georgia. This Trophy asset is strategically located just 5 miles
from the Jackson Hartfield International Airport, in the booming metro
Atlanta market. The property is home to five national tenants including an
additional 17 mom & pop stores and local chains.
The tenants are all on NNN leases providing a stress free investment. Most
of these tenants also have yearly rental increases of 3%, hedging against
and most years, beating CPI. There is value-add upside here with below
market rents and a few expiring leases over the next two years. The
submarket retail vacancy is below 3%, so leasing the units at a higher price
is probable. An investor can have full confidence in this properties ability
to perform proven by the long tenured success of the in-place tenants and
rapidly expanding Atlanta market.