809 Hollywood Road, Atlanta GA

Retail for Sale - $575,000

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #956505
Location809 Hollywood Road
Atlanta GA 30318
Last UpdatedOctober 30th, 2017
TypeRetail
Price$575,000

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Property Description

Bull Realty is pleased to offer a unique opportunity to acquire this ±8,656 SF neighborhood retail center in Atlanta. Located at the intersection of Hollywood Road and Donald Lee Hollowell parkway, this property has excellent visibility and access via these major through fares.

Built in 1952 on 0.69 acres with solid construction, this building has low maintenance cost. The building is 100% occupied by five tenants including The Humane Society, Deandra Tucker Beauty Salon, Page Plus Communication, The Gold Store and Atlanta Rental Cars. Delivered at a 11.0% cap rate, this property offers high yields and a diverse mixture of stable tenants.

Location Description:

Located at the intersection of Hollywood Road and Donald Lee Hollowell Parkway, just south of the Westside Reservoir Park. Traffic counts along Donald Lee Hollowell Parkway exceed 16,500 vehicles per day.

Highlights:

>> ± 8,656 SF neighborhood retail center

>> 100% occupied with diverse tenant mix

>> Steady income stream

>> Situated on 0.69 acres

>> Owner financing available

>> Delivered at a 11.0% cap rate


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