2287 Cascade Rd Atlanta, GA 30311
Prime Atlanta location, 7% cap rate, 5 tenants
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Fee-simple, multi-tenant retail property in Atlanta's Cascade Heights Commercial Historic District.
- 4,704 SF net rentable space on a 10,350 SF lot with five tenants, including a national restaurant.
- 7.00% cap rate, $112,060 NOI, all NNN leases with 3% annual rent bumps.
- Located in a Federal Opportunity Zone, offering significant tax advantages.
- Recently renovated (2022) with updated infrastructure and high occupancy rate.
Property Details for 2287 Cascade Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 4,745 SF
- Year Built/Renovated
- 1950/3
- Buildings
- 1
- Stories
- 2
- Units
- 5
Location Insight
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Latitude
- 33.7223955
- Longitude
- -84.4638849
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Prime Atlanta location, 7% cap rate, 5 tenants
- Where is the lifestyle center located?
- The property is located at 2287 Cascade Rd Atlanta, GA.
- What is the asking price?
- The asking price for this property is $1,600,000.
- What are key features of this property?
- This property features: Fee-simple, multi-tenant retail property in Atlanta's Cascade Heights Commercial Historic District.; 4,704 SF net rentable space on a 10,350 SF lot with five tenants, including a national restaurant.; 7.00% cap rate, $112,060 NOI, all NNN leases with 3% annual rent bumps.
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