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Chris Hilliard

chris.hilliard@evmountains.com +1(404) 664-9582

$ 850,000

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1422 Woodmont LN NW #3 Atlanta, GA 30318

2,800 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $303

MLS Listing ID 7663550

Construction Status Resale

HOA Y/N No

Year Built 2001

Annual Tax Amount $6,773

Tax Year 2024

Lot Size 2,800 Sqft

Acres 0.0643

Property Sub-Type Retail

Source First Multiple Listing Service

Property Description

2,800sf flex office retail showroom space in the surging Upper West Midtown market. The property is 100% leased with four years remaining of lease term, escalating annually at 3%. Opportunity to extend or release at substantially increased prevailing market rents. Solid Investment with stable tenant and immediate income. Landlord responsibilities are limited to roof, exterior walls, property taxes and mechanical systems repairs exceeding $1,500. The Association Fees cover Property Insurance and are paid for by the tenant. Optimally located in Upper West Midtown with its proliferating growth and real estate investment. Moments to the 80 acre Works at Chattahoochee mixed use development. The entire area is awash with adaptive reuse projects, creative office demand and residential inflows. West midtown delivers a blend of historic buildings, modern lofts, multifamily developments and repurposed warehouses and offers an opportunity for strong appreciation relative to more mature real estate markets in Metro Atlanta.

Location

State GA

County Fulton

Zoning I2

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features High Ceilings 10 or Greater

Heating Central

Cooling Central Air

Flooring None

Equipment None

Window Features None

Exterior

Parking Features Parking Lot

Fence Fenced

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Flat

Street Surface Asphalt

Accessibility Accessible Doors

Handicap Access Accessible Doors

Total Parking Spaces 40

Private Pool false

Building

Lot Description Business Park

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Resale

Others

Senior Community no

Tax ID 17 019200020430

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Listed by Keller Knapp

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Chris Hilliard

Real Estate Advisor

+1(404) 664-9582

Chris Hilliard

1422 Woodmont LN NW #3 Atlanta, GA 30318

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1422 Woodmont LN NW #3