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HIGHLIGHTS
- Adjacent to Fat Matt’s Rib Shack, an Atlanta BBQ institution
- 23,000 vehicles per day
- One block south of Dunkin’ Donuts and Sprouts Farmers Market
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,000 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $36,000 /YR $3,000 /MO | Triple Net (NNN) |
1st Floor
• Pricing of $3,000 is for NNN land lease • 12,000 square feet of land with 22 parking spaces on existing layout • Lease to purchase opportunities considered • Opportunity to secure a prime location on the highly sought after Piedmont corridor • Ample parking for any use • Conceptual future site plan shows a 2-tenant building measuring 4,000 SF with 16 parking spaces • Along strong retail corridor surrounded by an abundance of customers • Highly visible pylon sign directly on Piedmont Ave • Incredible intown location just off I-85 with +/- 23,000 vehicles/day • 1-mile radius demographics indicate $95k MHI and 35% growth since 2010
- Lease rate does not include utilities, property expenses or building services
- Fits 10 - 32 People
- Partially Demolished Space
- Pricing of $3,000 is for NNN land lease
- Incredible intown location just off I-85
- +/- 23,000 vehicles/day
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,000 SF | Gross Leasable Area | 4,000 SF |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 4,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Highly desirable location in densely populated Piedmont corridor Utilize “as-is” for food truck court or other retail/container parking lot-based concept Future 4,000 SF Office/Retail Build-to-Suit Lease-to-Purchase Site Acquisition Opportunity considered • Rare opportunity to secure a free-standing building on the highly sought after Piedmont corridor • Ample parking for any use • Conceptual site plan shows a 2-tenant building measuring 4,000 SF with 16 parking spaces • Along strong retail corridor surrounded by an abundance of customers • Highly visible sign directly on Piedmont Ave • Incredible intown location just off I-85 with +/- 23,000 vehicles/day • 1-mile radius demographics indicate $95k MHI and 35% growth since 2010 Located in the Piedmont Heights (aka Morningside/ Lenox Park) neighborhood, this property is zoned C-2 and falls within NPU F.
NEARBY MAJOR RETAILERS
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1805 Piedmont Ave NE
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