728 Monroe Drive NE, Atlanta GA

Retail for Sale - $2,400,000

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #949668
Location728 Monroe Drive NE
Atlanta GA 30307
Last UpdatedNovember 14th, 2017
TypeRetail
Price$2,400,000

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Property Description

Bull Realty is pleased to present the opportunity to acquire this two story, freestanding retail building on Monroe Drive, just north off Ponce de Leon Avenue in Atlanta. The property is centrally located in between three of the hottest neighborhoods in town Atlanta including Midtown, Old Fourth Ward and Virginia-Highland. Walking distance to Piedmont Park, the Atlanta Beltline Trail and Ponce City Market.

The property just underwent a renovation and face lift in 2016 including a brand new roof, new HVAC, electrical and plumbing along with a new front facade. Easy upfront parking with a large additional parking area in the rear of the building.

The building has three retail suites facing Monroe Drive totaling 4,150 SF. There are two additional office/retail suites in the rear totaling 5,350 SF.

Significant upside in re-tenanting one of the rear spaces utilizing Landlord termination option.

Location Description:

Located just north off Ponce de Leon Avenue in Atlanta, the property is centrally located in between 3 of the hottest neighborhoods in town Atlanta including Midtown, Old Fourth Ward and Virginia Highland. Walking distance to Piedmont Park, the Atlanta Beltline Trail and Ponce City Market.

Highlights:

>> 9,500 SF, two story, freestanding building

>> 100% occupied

>> Property underwent a renovation and face lift in 2016 which includes a new roof

>> Ample parking in front and rear accommodating all tenants

>> Walking distance to Piedmont Park, Atlanta Beltline Trail and Ponce City Market


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