5344 Peachtree Rd - Storefront FOR SALE


Chamblee, GA 30341
$2,135,000 USD
404-591-6387
5344 Peachtree Rd, Chamblee, GA for Sale
$2,135,000 USD
Storefront - FOR SALE
1/6
null | 4% Cap Rate

5344 Peachtree Rd
Chamblee, GA 30341


HIGHLIGHTS

  • Historic Building in Heart of Downtown Chamblee and Future Master Plan for Downtown Chamblee
  • Original Brick
  • Current Tenant at reduced rate; renewal is at FMV
  • 3,200 SF Downstairs available to rent or owner occupancy

OVERVIEW

Unique opportunity in the heart of charming downtown historic Chamblee. Booming Retail market with strong demographics. Two story free standing original 1940's brick building with cinder block/brick/concrete construction. The building is 6,400 SF split 3,200 SF facing Peachtree and 3,200 SF separate suite with entrance in the rear downstairs (perfect for owner occupancy or lease to creative retail or flex user). Current Tenant's lease (Golf & Social) expires in Summer of 2027, with one five year renewal at FMV, which will create a major jump in NOI. Current Tenant's lease is well below market, in exchange for said Tenant self funding 750k for their buildout with no LL contribution. Property is zoned VC.

FOR SALE DETAILS

PRICE

$2,135,000 USD

PRICE/SF

$334 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

VC

APN/PARCEL ID

18-299-16-003

ASK ABOUT THIS PROPERTY

Shaun WeinstockWeinstock Realty and DevelopmentMore Info
404-591-6387

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Shaun WeinstockWeinstock Realty and DevelopmentMore Info
404-591-6387

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