1143-1149 Lee St SW
Atlanta, GA 30310
Oakland City Marketplace · Retail Property For Sale

This investment provides an astute investor an opportunity to acquire this 20,000 SF retail property, plus outdoor flea market with excellent frontage on Lee Street. This retail property provides excellent cash flow upside with repositioning potential to significantly increase rents and capture expanding retail demand in this growing Atlanta submarket. This location would also be ideal for a Mixed-Use development opportunity in this rapidly growing neighborhood. Motivated Seller!! The Oakland City neighborhood of Atlanta is on the National Register of Historic Places and can be found southwest of Castleberry Hill, east of Westview, west of Adair Park Historic District. It would be difficult to find a neighborhood more closely linked to the city's, state's, region's, and nation's historical development than the Oakland City district of Atlanta. Vacancy will tighten further in 2017, as elevated demand for retail properties continues, forcing higher leasing rates. As vacancy reaches a post-recession low, asking rent will finally increase, with the Oakland City retail market rents reaching historical highs.