NNN Retail Investment | East Atlanta Village | Successful Gym Tenant | 6% Cap Rate

Highlights:

• Freestanding building leased to fitness studio OxFit
• Adaptive reuse building with modern touches | Fully renovated by tenant in 2020
• Interior design blends modern industrial elements with warm finishes and exposed brick
• Gym features high ceilings, open layout, and floor-to-ceiling windows for natural light
• Tenant OxFit is loved by community and holds a 4.9 star Google rating
• Two intown Atlanta locations | Successful operating history at this location
• Strong social media following & engagement from EAV’s young professional base
• Tenant on true NNN lease | Allows for reimbursement of management and all CAPEX
• 3% Annual Escalations | 5% Base rent management expense reimbursement
• ±0.23 Acres | 10 Parking spaces - many for this dense downtown area
• Located in the heart of East Atlanta Village | vibrant, walkable, sought-after location
• Popular for restaurants, nightlife, retail, and culture
• Steps from famous hot spots Southern Feedstore, Argosy, and The Earl
• Rapid home value growth | Average home prices almost $500k

Description:

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This property is located in Atlanta, GA.

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