Two-Tenant Neighborhood Retail Building | NNN Leases | 5.6% Cap Rate
$1,965,000
1188 McLendon Ave NE, Atlanta, GA 30307
For Sale
Retail
Street Retail
Active
Last Updated: 06/24/2025
3,308 sqft
Building Size
0.089 acres
Lot Area
Details:
Building Size: 3,308 sqft
Lot Area: 0.089 acres
Occupancy: 100%
Class: C
Units: 2
Year Built: 1925
Floors: 1
Parking Spots: 10
Highlights:
- Two-tenant neighborhood retail building in the heart of Little Five Points
- Both tenants have been in place since 2016 | 9-year operating history at this location
- Commoner Salon is beautifully renovated with industrial charm & holds a 4.9 Google rating
- Xhale City is one of the largest vape & CBD outlets with 30 Atlanta locations and over 50 across Georgia
- True NNN lease structure | Allows for reimbursement of CAPEX and management
- Hands-off lease structure | Extremely minimal landlord responsibilities
- ±3,308 SF | High ceilings | Abundant natural light with 18 skylights
- Prominent visibility from both McLendon Ave SE and Moreland Ave NE
- Strong Foot Traffic & Walkability to nearby Inman Park & Candler Park
- Easy drive to Virginia Highlands, Edgewood, and Krog Street Market
Description:
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This property is located in Atlanta, GA.
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum_1188_McLendon_compressed.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
