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5344 Peachtree Rd 6,400 SF 100% Leased Retail Building Chamblee, GA 30341 $1,999,999 ($312.50/SF) 4.92% Cap Rate
Investment Highlights
- Foot Traffic
- Original Brick
- Centralized location within Chamblee restaurant and entertainment district
Executive Summary
Historic Building in the heart of Chamblee downtown, and short walk to the new mixed use project that will be Chamblee City Center and deliver in 2028. Prime Location and opportunity. Seller occupies the basement, which is set up as flex/office, and upstairs is occupied by Atlanta Golf & Social, whose lease expires June 2027; Tenant has uniquely structured lease, as Modified Gross Lease, and paying below market, in exchange for when Tenant signed Lease, Tenant paid for entire buildout and MEP work with no TIA; renewal is at FMV.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
6,400 SF
Building Class
C
Year Built/Renovated
1945/2021
Price
$1,999,999
Price Per SF
$312.50
Cap Rate
4.92%
NOI
$98,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.13 AC
Zoning
VC - Village Commercial (VC)
Parking
17 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Fenced Lot
- Storage Space
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-299-16-003 | Improvements Assessment | $387,560 |
| Land Assessment | $36,520 | Total Assessment | $424,080 |
Property Taxes
Parcel Number
18-299-16-003
Land Assessment
$36,520
Improvements Assessment
$387,560
Total Assessment
$424,080
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Contact the Sale Advisor
5344 Peachtree Rd