Property Listing No Longer Available for Sale

3662 Shallowford Road, Atlanta, GA

Shopping Center for Sale - $2,150,000 - 22,000 Sq. Ft. on 1.2 acres


Property Info

CIMLS#923336
Location
  3662 Shallowford Road
  Atlanta GA 30340
UpdatedMarch 28th, 2017
TypeShopping Center
Price$2,150,000
Building22,000 Sq. Ft.
Land1.2 acres

Property Description

This property consists of a 100% multiple tenant leased up retail centers. Both buildings have 2 floors, the bottom floor has access to New Peachtree Road and the top floor has access to Shallowford Road. 3658 Shallowford Road consists of 6,000 SF on the top floor and 5815 New Peachtree Road,the bottom floor of 3658 Shallowford Road consists of 6,000 SF. 3662 Shallowford Road consists of 5,000 SF on the top floor and 5799 New Peachtree Road, the bottom floor of 3662 Shallowford Road, consists of 5,000 SF. Each tenant is on a long term lease with renewal options. Each of the tenants are responsible for their own Power, Water, and Gas.

The 4 addresses for the property are:

3662 Shallowford Road, 3658 Shallowford Road, 5815 New Peachtree Road, and 5799 New Peachtree Road.

Location Description:

This property is located right in the City of Doraville nestled in between New Peachtree Road and Shallowford Road. This property is only .5 miles from the Doraville Marta Station and 7 minutes to I-285.

Highlights:

>> 100% Occupied

>> Great location in Doraville

>> Long Term leases in place

>> 7.8 Cap Rate

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Financials

Sales Info:

>> Commision split: 3.0%