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BeltLine Two-Tenant Retail Investment 1495 Northside Dr 13,368 SF 100% Leased Flex Building Atlanta, GA 30318 $4,225,000 ($316.05/SF)
Investment Highlights
- ±13,368 SF Two-tenant retail building with up to 18’ ceiling heights
- Excellent visibility and frontage on Northside Drive NW
- Situated on a ±0.774-acre site with ±49 surface parking spaces
- 100% leased to Team Rehabilitation and Sam Flax, a physical therapy provider and Atlanta’s iconic art supply retailer
- Three ingress/egress points with permanent easement from Deering Road NW
- Directly across from the Atlanta BeltLine in one of Atlanta’s fastest-growing redevelopment corridors
Executive Summary
Bull Realty is pleased to present 1495 Northside Drive NW, a rare covered land investment located directly across from the Atlanta BeltLine in one of Atlanta’s most dynamic corridors. The ±13,368 SF retail property is 100% leased to Team Rehabilitation and Sam Flax, providing stable in-place cash flow at an attractive 7.2% cap rate while allowing investors to benefit from the long-term appreciation potential of an irreplaceable BeltLine location.
Situated on a generous ±0.774-acre parcel with exceptional visibility along Northside Drive, the property offers immediate income today and compelling redevelopment potential tomorrow. Existing rents average approximately $22.29/SF NNN, providing meaningful upside through future lease renewals, while the underlying land presents an outstanding opportunity for future mixed-use, retail, or residential redevelopment as the BeltLine corridor continues to mature. Combined with immediate access to I-75, West Midtown, Georgia Tech, Midtown, and Downtown Atlanta, this is a unique opportunity to acquire a high-performing investment with multiple paths to value creation.
Situated on a generous ±0.774-acre parcel with exceptional visibility along Northside Drive, the property offers immediate income today and compelling redevelopment potential tomorrow. Existing rents average approximately $22.29/SF NNN, providing meaningful upside through future lease renewals, while the underlying land presents an outstanding opportunity for future mixed-use, retail, or residential redevelopment as the BeltLine corridor continues to mature. Combined with immediate access to I-75, West Midtown, Georgia Tech, Midtown, and Downtown Atlanta, this is a unique opportunity to acquire a high-performing investment with multiple paths to value creation.
Property Facts
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 17-0148-LL-035-4 | Improvements Assessment | $179,160 |
| Land Assessment | $337,160 | Total Assessment | $516,320 |
Property Taxes
Parcel Number
17-0148-LL-035-4
Land Assessment
$337,160
Improvements Assessment
$179,160
Total Assessment
$516,320
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BeltLine Two-Tenant Retail Investment | 1495 Northside Dr
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