1422 Woodmont LN NW #STE 3 Active

Atlanta,GA 30318

$ 850000

- Bed

- Bath

2800 SqFt


Key Details

Property Type Commercial

Sub Type Commercial,Industrial,Mixed Use,Office,Retail,Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $303

MLS Listing ID 10622170

Year Built 2001

Annual Tax Amount $6,773

Tax Year 24

Lot Size 2,787 Sqft

Property Sub-Type Commercial,Industrial,Mixed Use,Office,Retail,Warehouse

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

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Parking Lot

Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available,Water Available

View Y/N No

Building

Lot Description Business Park

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Special Listing Condition Resale

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