1104 Crescent Ave NE
Atlanta, GA 30309
Publico Atlanta · Retail Property For Sale
Property Facts
Amenities
- Bus Line
About 1104 CRESCENT AVE NE , ATLANTA, GA 30309
Ten year true triple net lease personally guaranteed with $2.50 SF increases every 5 years and a percentage rent provision. The tenant is an experienced operator investing over ½ million dollars in tenant improvements. Midtown’s 1.2 square mile district has 15.5 million square feet of class A office space, 65,000 jobs, is the corporate headquarters of 3 Fortune 1000 companies and home of 8 of the 10 largest law firms in Atlanta. Many experts say Midtown is the hottest market in the southeast U.S. • 7% cap rate • 10-year initial term - true NNN lease • 5,988 SF bldg + 1,716 SF patio = 7,704 SF total • Rent: $45/SF based on building • Rent: $34.95/SF based on total • Experienced operator • Facility currently under extensive renovation • Established restaurant location • Popular alfresco outdoor patio area • Awesome day and night demographics
Property Taxes
| Parcel Number | 17-0106-0004-029-2 | Improvements Assessment | $295,360 |
| Land Assessment | $121,720 | Total Assessment | $417,080 |
Property Taxes
