BeltLine Two-Tenant Retail Investment Opportunity
$4,225,000
1495 Northside Dr NW, Atlanta, GA 30318
13,368 sqft
Building Size
0.7002 acres
Lot Area
Details:
Highlights:
- • ±13,368 SF Two-tenant retail building with up to 18’ ceiling heights
- • 100% leased to Team Rehabilitation and Sam Flax, a physical
- therapy provider and Atlanta’s iconic art supply retailer
- • Excellent visibility and frontage on Northside Drive NW
- • Three ingress/egress points with permanent easement from
- Deering Road NW
- • Situated on a ±0.774-acre site with ±49 surface parking spaces
- • Directly across from the Atlanta BeltLine in one of Atlanta’s
- fastest-growing redevelopment corridors
- • Covered land investment with exceptional long-term
- redevelopment potential
- • 7.2% Current cap rate providing strong in-place cash flow while
- the land appreciates
- • Below-market average rents of approximately $22.29/SF NNN,
- creating significant future NOI upside
- • Minutes from I-75, West Midtown, Midtown, Georgia Tech,
- and Downtown Atlanta
Description:
Bull Realty is pleased to present 1495 Northside Drive NW, a rare covered land investment located directly across from the Atlanta BeltLine in one of Atlanta’s most dynamic corridors. The ±13,368 SF retail property is 100% leased to Team Rehabilitation and Sam Flax, providing stable in-place cash flow at an attractive 7.2% cap rate while allowing investors to benefit from the long-term appreciation potential of an irreplaceable BeltLine location. Situated on a generous ±0.774-acre parcel with exceptional visibility along Northside Drive, the property offers immediate income today and compelling redevelopment potential tomorrow. Existing rents average approximately $22.29/SF NNN, providing meaningful upside through future lease renewals, while the underlying land presents an outstanding opportunity for future mixed-use, retail, or residential redevelopment as the BeltLine corridor continues to mature. Combined with immediate access to I-75, West Midtown, Georgia Tech, Midtown, and Downtown Atlanta, this is a unique opportunity to acquire a high-performing investment with multiple paths to value creation.
Minutes from I-75, West Midtown, Midtown, Georgia Tech, and Downtown Atlanta
Documents:
| Title | ||
|---|---|---|
| 1495_Northside_Drive_Offering.pdf |
Location
Gallery
