Sold in March 2022

Price: $8,400,000

100% occupied 

Affluent demographics: 171,087± people and average household incomes exceeding $127,180 within a 3-mile radius. 

Trophy property and location in the heart of the Brookwood retail corridor. Strategically designed ground floor retail below 219 luxury condos at the busy, signalized intersection of Peachtree Road and 28th Street. 

Abundant parking with 194 spaces, owned and delineated for the exclusive benefit of the Master Commercial units, providing 10.5 parking spaces per 1,000 SF of GLA, and the opportunity for a future revenue stream.

Positioned with a Peachtree Road address and visibility, this four-tenant (3 restaurants and 1 hair salon) offering gives investors a once in a lifetime opportunity to own some of the best retail in the entire Metro Atlanta MSA.

Located centrally between Buckhead (23M SF  of office space) and Midtown (15.5M SF of office space), the property has activity 24 hours a day, 7 days a week. 

Generous patio seating for all restaurant tenants is advantageous in a warm, temperate climate like Atlanta, especially as more diners turn to Al Fresco dining on the heels of the pandemic. 

Conservative market rents provide future upside for next owner.