Starbucks & Charles Schwab - Trophy Location 1105 Hammond Dr NE 9,379 SF 100% Leased Retail Building Sandy Springs, GA 30328 $18,500,000 ($1,972.49/SF) 4.48% Cap Rate
INVESTMENT HIGHLIGHTS
- Irreplaceable real estate at signalized hard corner in the heart of the prominent Central Perimeter commercial district.
- Excellent Visibility - Located at signalized intersection on a high-traffic road
- Starbucks (NASDAQ: SBUX) with a market CAP $127 billion
- Strong Surrounding Market - Surrounded by retail, office, medical, and hospitality development
- Charles Schwab (NYSE: SCHW) with a market CAP $146 billion
- Average Household Incomes of over $178,000 within a 3-mile radius
EXECUTIVE SUMMARY
Trophy Corner Location in the Heart of Sandy Springs!
This property is situated in the heart of the Perimeter commercial district, benefits from a high-visibility, high-traffic location at the signalized intersection of Peachtree Dunwoody Road and Hammond Drive. With multiple access points and seamless connectivity to I-285 and GA 400, the property offers exceptional accessibility for both clients and professionals. Surrounded by Class A office buildings, retail centers, medical facilities, and hospitality developments, it sits in a dynamic and affluent market with strong demographics. Additionally, 341 luxury mid rise apartments under construction nearby further enhance the area’s growth and consumer demand, solidifying this location as a premier financial services destination.
This property is situated in the heart of the Perimeter commercial district, benefits from a high-visibility, high-traffic location at the signalized intersection of Peachtree Dunwoody Road and Hammond Drive. With multiple access points and seamless connectivity to I-285 and GA 400, the property offers exceptional accessibility for both clients and professionals. Surrounded by Class A office buildings, retail centers, medical facilities, and hospitality developments, it sits in a dynamic and affluent market with strong demographics. Additionally, 341 luxury mid rise apartments under construction nearby further enhance the area’s growth and consumer demand, solidifying this location as a premier financial services destination.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
9,379 SF
Building Class
C
Year Built
2016
Price
$18,500,000
Price Per SF
$1,972.49
Cap Rate
4.48%
NOI
$828,387
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.79 AC
Zoning
X - Mixed Use District
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Charles Schwab is a different kind of investment services firm – one that strives to disrupt the status quo of the traditional Wall Street approach on behalf of their clients. They believe today, as they did on Day 1, that when finding ways to improve the investing experience for clients, then business results will follow.
- Starbucks
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Starbucks | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-0017-LL-130-1 | Improvements Assessment | $396,960 |
| Land Assessment | $332,040 | Total Assessment | $729,000 |
