898 Oak St Atlanta, GA 30310

This exceptional 8,624 square foot retail property, located at 898 Oak St SW in Atlanta, GA 30310, presents a compelling investment opportunity. Built in 2007, this single-story, 1-building complex boasts six (6) 100% occupied storefronts, operating under a NNN lease structure. The property features a strong NOI of $117,243, resulting in a 7.00% cap rate and an asking price of $1,675,000 ($194.23/sq ft). Current tenants include a diverse mix of businesses, including a pizza restaurant, tattoo parlor, hair salon, nail salon, barbershop, and a record lounge. The property benefits from its prime location adjacent to Mall West End, a site slated for significant mixed-use redevelopment, promising substantial future growth. The area enjoys high visibility, with 18,551 vehicles passing daily on Joseph E. Lowery Boulevard, and a dense population base, exceeding 535,000 within a 5-mile radius. Average household income within a 1-mile radius is $64,679, projected to increase by 22.65% over the next five years. The property is zoned C3 and is situated near the Atlanta BeltLine, the Atlanta University Center Consortium, and a planned Microsoft campus, further enhancing its long-term potential. This investment offers a rare combination of immediate income and significant future appreciation potential in a rapidly developing area of Atlanta.