1710 Defoor Ave NW
Atlanta, GA 30318
Defoor Centre - Upper Westside Redevelopment · Office Property For Sale

The Defoor Centre is a 24,746 SF mixed-use building located at 1710 Defoor Avenue in Atlanta's evolving and explosive Upper Westside submarket. This opportunity presents investors/operators unlimited potential and possibilities with huge value add through adaptive reuse or repositioning/redevelopment. Built in 1850 and renovated in 1997, the Defoor Centre offers investors/operators the opportunity to reposition the 24,746 SF building on a 1.26-acre lot. The property was used as one of Atlanta's premier event venues and was the ideal venue for private weddings, events, bar mitzvahs, corporate meetings and parties. The 5,500 SF hexagonal Forum Gallery served as the perfect for all types of events, up to 300 seated or 400 cocktail style, while the 2,900 SF Encore! Gallery holds 150 seated and 300 cocktail style in its unique space. This unique property offers direct access to Howell Mill Road and the economic drivers impacting this property include proximity to West Midtown and major corridors, the growth of creative loft and warehouse office, mixed-use and retail space and substantial affluent population growth. The Defoor Centre is located in the flourishing Midtown/Brookwood Retail submarket just one mile from 1-75 and nestled between Chattahoochee Avenue and Howell Mill Road. Over the last four years, Upper Westside has evolved from a warehouse/industrial district into a robust, urbanizing submarket with new and planned mixed-use, creative loft office and retail serving a growing population. Since 2014, almost 2M SF of adaptive re-use projects have delivered, are being developed or are planned within a 2.5 mile radius of the property. As the tech industry migrates to West Atlanta, the Upper Westside and West Midtown submarkets are meeting the demands for proximate workspace in the form of creative loft office along Howell Mill Road, Chattahoochee Avenue, Ellsworth Blvd, Marietta Blvd, and W Marietta Blvd. The property benefits from extremely dense and compelling demographics and in 2019, the property had approximately 343,905 and an Avg Household Income of $96,806 (5-mile radius). Additionally, the property is located in a high growth market with significant residential growth from 2010-2019 with 24.26% population growth and an anticipated 7.6% population growth from 2019-2024 (5-mile radius). Within a 5-mile radius of the property the total annual specified consumer spending accounts for $3,914,671,000 and there are 27,378 businesses and 400,735 employees. The Defoor Centre is a great owner/user opportunity or a value-add opportunity for investors seeking significant upside through lease-up strategies or long-term repositioning.