2285 Peachtree Rd NE 24,409 SF 100% Leased Retail Building Atlanta, GA 30309 For Sale
EXECUTIVE SUMMARY
Atlantic Capital Partners has been engaged to offer for sale 2285 Peachtree Road; a service-oriented shopping center with ground floor retail, second floor medical tenancy, and over 100 parking spaces surface and covered. Located in the extremely popular Buckhead submarket within metro Atlanta, the asset is ideally situated at 2285 Peachtree Road. The asset serves an embedded, affluent community which includes a population of over 170,000 people within a 3-mile radius. Positioned along Peachtree Road (GA
Route 19), the asset features exceptional visibility with more than 40,000 vehicles that travel along this dominant retail corridor. Totaling 24,419 square feet, 2285 Peachtree is
presently 100% leased to 6 retail and medical tenants with 4.6 years of weighted average remaining lease term. The asset, which was completed in 1966 and renovated in 2021, features e-commerce resistant tenancy and a surety of cashflow.
The property is situated in the heart of a residential community which boasts an average household income exceeding $125,000 in a 1,3, and 5 mile radius, and sits in the
heart of Buckhead Atlanta. 2285 Peachtree is being offered for sale free-and-clear of existing debt with a formal, call for offers process.
Route 19), the asset features exceptional visibility with more than 40,000 vehicles that travel along this dominant retail corridor. Totaling 24,419 square feet, 2285 Peachtree is
presently 100% leased to 6 retail and medical tenants with 4.6 years of weighted average remaining lease term. The asset, which was completed in 1966 and renovated in 2021, features e-commerce resistant tenancy and a surety of cashflow.
The property is situated in the heart of a residential community which boasts an average household income exceeding $125,000 in a 1,3, and 5 mile radius, and sits in the
heart of Buckhead Atlanta. 2285 Peachtree is being offered for sale free-and-clear of existing debt with a formal, call for offers process.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,409 SF
Building Class
B
Year Built/Renovated
1966/2021
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.53 AC
Zoning
C3 - Commercial
Parking
149 Spaces (5.61 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-0111-0017-110-8 | Improvements Assessment | $727,880 |
| Land Assessment | $819,720 | Total Assessment | $1,547,600 |
