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My Favorite Place 5588-5596 Peachtree Industrial Blvd 8,888 SF 100% Leased Retail Building Chamblee, GA 30341 $3,200,000 ($360.04/SF)
Investment Highlights
- Zoning allows retail, medical, office, service uses up to 3 stories, 75' height
- Surrounded by luxury multifamily
- High-visibility frontage on Peachtree Blvd with ±40,000 VPD
Executive Summary
This ±8,888 SF freestanding retail property, formerly known as “My Favorite Place,” sits on ±0.8 acres with prime frontage along Peachtree Boulevard (±40,000 VPD). Zoned VC (Village Commercial), the site allows a wide range of commercial, medical, wellness, office, and retail uses.
Key redevelopment metrics include:
• ±15,000–30,000 buildable SF (up to 3 stories, 75’ max height)
• Multiple curb cuts and efficient rectangular parcel configuration
• Three assembled parcels (18 308 11 003, 18 308 11 007, 18 309 01 002)
The existing structure offers a cost-efficient entry point for adaptive reuse, while the land supports ground-up development. Surrounding luxury multifamily (The Oliver, The Keswick, Chamblee City Heights) provides a built-in customer base, supported by strategic regional access via I-285, Buford Highway, and MARTA rail.
Ideal for investors seeking a reposition or redevelopment play in one of Metro Atlanta’s most active and high-growth corridors.
Key redevelopment metrics include:
• ±15,000–30,000 buildable SF (up to 3 stories, 75’ max height)
• Multiple curb cuts and efficient rectangular parcel configuration
• Three assembled parcels (18 308 11 003, 18 308 11 007, 18 309 01 002)
The existing structure offers a cost-efficient entry point for adaptive reuse, while the land supports ground-up development. Surrounding luxury multifamily (The Oliver, The Keswick, Chamblee City Heights) provides a built-in customer base, supported by strategic regional access via I-285, Buford Highway, and MARTA rail.
Ideal for investors seeking a reposition or redevelopment play in one of Metro Atlanta’s most active and high-growth corridors.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,888 SF
Building Class
C
Year Built
1967
Price
$3,200,000
Price Per SF
$360.04
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.79 AC
Zoning
VC, Chamblee - VC (Village Commercial) – allows retail, medical, office, wellness, and service uses; up to 3 stories, 75’ height
Parking
55 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-308-11-003 | Improvements Assessment | $158,600 |
| Land Assessment | $92,320 | Total Assessment | $250,920 |
Property Taxes
Parcel Number
18-308-11-003
Land Assessment
$92,320
Improvements Assessment
$158,600
Total Assessment
$250,920
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My Favorite Place | 5588-5596 Peachtree Industrial Blvd
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