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Rare Commercial Building Near BeltLine 760 United Ave SE 4,430 SF 100% Leased Retail Building Atlanta, GA 30312 For Sale
Executive Summary
- Three-tenant neighborhood retail building in Grant Park | 1 Block from Beltline
- 100% Occupied by two salons, a coffee shop and roaster
- Extremely limited supply of commercial property in Grant Park and Southeast Beltline
- Dense residential neighborhood provides almost zero opportunity for new development
- High barrier of entry for new commercial development/competitive properties
- 5-Year weighted average lease term | Strong annual escalations
- True NNN leases | Allow for reimbursement of CAPEX and management fees
- Extremely limited management responsibilities | No parking lot to maintain
- Reimbursement of management should add around $6,250 of income in 2026
- 2025 Roof install should add around $5,000 of CAPEX reimbursement annually
- All tenants loved by the community and an average 5.3 years operating history
- Google Ratings: Lark & Sparrow 4.6, Akasa 5.0, Green Beans 4.8
- Originally built in 1920 and each suite recently renovated | Brand new roof
- First “Street Car Retail Building” building listed on National Register
- Future renovations may be eligible for historic tax credits
- Prime location nestled in one of Atlanta’s most desirable intown neighborhoods
- High visibility with prominent street presence and corner parcel along United Ave SE
- Connected by the Beltline, thousands of new apartments within walking distance
- 100% Occupied by two salons, a coffee shop and roaster
- Extremely limited supply of commercial property in Grant Park and Southeast Beltline
- Dense residential neighborhood provides almost zero opportunity for new development
- High barrier of entry for new commercial development/competitive properties
- 5-Year weighted average lease term | Strong annual escalations
- True NNN leases | Allow for reimbursement of CAPEX and management fees
- Extremely limited management responsibilities | No parking lot to maintain
- Reimbursement of management should add around $6,250 of income in 2026
- 2025 Roof install should add around $5,000 of CAPEX reimbursement annually
- All tenants loved by the community and an average 5.3 years operating history
- Google Ratings: Lark & Sparrow 4.6, Akasa 5.0, Green Beans 4.8
- Originally built in 1920 and each suite recently renovated | Brand new roof
- First “Street Car Retail Building” building listed on National Register
- Future renovations may be eligible for historic tax credits
- Prime location nestled in one of Atlanta’s most desirable intown neighborhoods
- High visibility with prominent street presence and corner parcel along United Ave SE
- Connected by the Beltline, thousands of new apartments within walking distance
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,430 SF
Building Class
C
Year Built
1920
NOI
$145,378
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.20 AC
Zoning
NC-7
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-0022-0008-001-5 | Improvements Assessment | $140,320 |
| Land Assessment | $14,880 | Total Assessment | $155,200 |
Property Taxes
Parcel Number
14-0022-0008-001-5
Land Assessment
$14,880
Improvements Assessment
$140,320
Total Assessment
$155,200
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Rare Commercial Building Near BeltLine | 760 United Ave SE
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