2045 Donald Lee Hollowell PkwyAtlanta, GA 30318

This exceptional retail investment opportunity presents a 21,955 square foot, single-story building situated on a 2.6-acre lot in Atlanta's burgeoning Grove Park neighborhood. The property boasts a 100% occupancy rate with two tenants: a Family Dollar, recently renewing its lease through December 31, 2028, and a DaVita Dialysis center currently under a lease expiring February 28, 2027, which presents a significant value-add opportunity. DaVita's current lease offers substantial mark-to-market potential. The property is strategically located at the intersection of two major thoroughfares, ensuring excellent visibility and high traffic counts exceeding 20,000 vehicles daily on each road. The asking price is $1,995,000, translating to a low price per square foot of $90.87 and a price per acre of $767,000. The property is zoned MRC-1, offering flexibility for future development. The site's dominant retail presence and location within a transitioning neighborhood provide a compelling covered land play with redevelopment potential as the area continues to improve. Additionally, there's an opportunity to acquire adjacent vacant out parcels, encompassing an additional 0.64 acres, including a former restaurant and auto repair buildings. This investment offers a strong 8.30% cap rate and significant upside potential through lease renegotiation and future development.