3-Tenant Neighborhood Retail Building 1302 Donnelly Ave 6,463 SF 100% Leased Retail Building Atlanta, GA 30310 $995,000 ($153.95/SF) 9.20% Cap Rate
EXECUTIVE SUMMARY
BUILDING AND PROPERTY
•Three-tenant neighborhood retail building
•Two equal-sized floors totaling ±6,463 SF
•2022-2025 Renovations included gutting building, new roof, paint, parking lot, lighting, flooring, electrical, and masonry updates/repairs
•Water is sub-metered and gas/electric are individually metered
•11 off-street parking spaces and free street parking
•±0.29 AC Parcel | Zoned C-1 BeltLine Overlay
LOCATION
•Steps from the Atlanta BeltLine Westside Trail in the heart of the West End neighborhood
•BeltLine spur expected to be paved and lit in 2027 along with direct connection to Donnelly Ave
•Minutes from Lee + White food hall, Monday Night Garage, Best End Brewing, and other local retail and restaurants
•15 Minute (3.8 mile) drive north to Downtown Atlanta
•16 Minute (9.5 mile) drive south to Hartsfield-Jackson Atlanta International Airport
TENANTS AND LEASES
•Main floor split into two suites and terrace level is one large suite
•Tenants include a salon and convenience store on main and art gallery/event space on terrace level
•Weighted average lease term (WALT) on July 1st, 2025 is 60 months
•Full-service leases with low average rent of $15.89/SF
•Three-tenant neighborhood retail building
•Two equal-sized floors totaling ±6,463 SF
•2022-2025 Renovations included gutting building, new roof, paint, parking lot, lighting, flooring, electrical, and masonry updates/repairs
•Water is sub-metered and gas/electric are individually metered
•11 off-street parking spaces and free street parking
•±0.29 AC Parcel | Zoned C-1 BeltLine Overlay
LOCATION
•Steps from the Atlanta BeltLine Westside Trail in the heart of the West End neighborhood
•BeltLine spur expected to be paved and lit in 2027 along with direct connection to Donnelly Ave
•Minutes from Lee + White food hall, Monday Night Garage, Best End Brewing, and other local retail and restaurants
•15 Minute (3.8 mile) drive north to Downtown Atlanta
•16 Minute (9.5 mile) drive south to Hartsfield-Jackson Atlanta International Airport
TENANTS AND LEASES
•Main floor split into two suites and terrace level is one large suite
•Tenants include a salon and convenience store on main and art gallery/event space on terrace level
•Weighted average lease term (WALT) on July 1st, 2025 is 60 months
•Full-service leases with low average rent of $15.89/SF
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,463 SF
Building Class
C
Year Built/Renovated
1965/2025
Price
$995,000
Price Per SF
$153.95
Cap Rate
9.20%
NOI
$91,540
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.29 AC
Zoning
C1 - Commercial
Parking
11 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
209’ on Donnelly Ave
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-0139-0004-092-8 | Improvements Assessment | $55,440 |
| Land Assessment | $80,640 | Total Assessment | $136,080 |
