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619 Edgewood Ave SE
Atlanta, GA 30312
Retail Property For Sale
Executive Summary
CBRE'S National Retail Partners - Southeast is pleased to offer for sale Edgewood Ave Retail Portfolio, comprising of three assets strategically positioned in Historic Old Fourth Ward, one of Atlanta’s most sought-after neighborhoods known for its highly walkable blocks, historic and artistic feel, vibrant restaurant scene and local shops. The offering includes 476-486 Edgewood Ave, 521-537 Edgewood Ave and 619 Edgewood Ave. Each asset benefits from its proximity to the Atlanta Beltline Eastside Trail and Krog Street Market with over two million annual visitors. Within one mile of the Portfolio, there are over 16,000 existing multifamily units, showcasing the residential density of the neighborhood. The Edgewood Ave Portfolio features true neighborhood retail and mixed-use assets with a thoughtful mix of e-commerce resistant categories that cater to the residents of Historic Old Fourth Ward.
These assets are being offered for sale simultaneously. Ownership will accept offers on an individual property and/or sub-portfolio or portfolio basis. For convenience, one deal room has been created to provide ease of access to one or all of the materials.
These assets are being offered for sale simultaneously. Ownership will accept offers on an individual property and/or sub-portfolio or portfolio basis. For convenience, one deal room has been created to provide ease of access to one or all of the materials.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,153 SF
Building Class
C
Year Built
2001
NOI
$243,485
Percent Leased
58%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.58
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
50 Spaces (3.1 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Restaurant
- Signage
Property Taxes
| Parcel Number | 14-0020-0001-001-4 | Improvements Assessment | $1,938,240 |
| Land Assessment | $348,360 | Total Assessment | $2,286,600 |
Property Taxes
Parcel Number
14-0020-0001-001-4
Land Assessment
$348,360
Improvements Assessment
$1,938,240
Total Assessment
$2,286,600
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