2457 M.l.k. Jr DrAtlanta, GA 30311

Holmes Plaza, a 15,600-square-foot shopping center in Atlanta, Georgia, presents a compelling investment opportunity. This fully occupied, single-story building, constructed in 2005, boasts seven retail suites and a substantial 76-space parking lot (4.87 spaces per 1,000 square feet). The property sits on a two-acre lot, zoned C3, and enjoys a prime location at 2457 M.L.K. Jr Dr SW, Atlanta, GA 30311, in Fulton County. Its strategic position offers high visibility and easy access, benefiting from a daily traffic count of 31,000 vehicles and proximity to the I-20/Holmes Drive interchange, just six miles west of downtown Atlanta. Furthermore, the Hamilton E Holmes MARTA station is conveniently located approximately 400 feet away, enhancing pedestrian access. The current Net Operating Income (NOI) stands at $307,549, with a pro-forma NOI projected at $313,052, yielding a 7.79% cap rate. The asking price for this fee-simple ownership is $3,950,000. This stabilized investment offers potential for value enhancement through lease upgrades with national tenants, capitalizing on the existing strong tenant base and high traffic counts.