1936-1940 Moores Mill Rd NW
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1936-1940 Moores Mill Rd NW
5,125 SF Retail Building Atlanta, GA 30318 $4,071,591 CAD ($794 CAD/SF) 6.75% Cap Rate
Executive Summary
Atlantic Capital Partners has been engaged to solicit
offers for the sale of The Village Vets in Atlanta, Georgia.
This 5,125 SF single tenant building has been 100%
occupied by The Village Vets since 2019 on a 10-year
lease that runs through 2029. Tenant has invested over
$850,000 toward property improvements showing long
term commitment to the site. The lease features 3% annual
increases, amortized TI, Tax incentives and includes two
(2), five (5) year options at Fair Market Value.
Situated at 1940 Moores Mill Road, the property features
an excellent location as the surrounding trade area has
undergone massive redevelopment in recent years.
Notable projects include The Westlight (172 units), Luna
(345 units) and the immediate trade area features a
Publix (ranked in the top 80% in GA by Placer.ai).
offers for the sale of The Village Vets in Atlanta, Georgia.
This 5,125 SF single tenant building has been 100%
occupied by The Village Vets since 2019 on a 10-year
lease that runs through 2029. Tenant has invested over
$850,000 toward property improvements showing long
term commitment to the site. The lease features 3% annual
increases, amortized TI, Tax incentives and includes two
(2), five (5) year options at Fair Market Value.
Situated at 1940 Moores Mill Road, the property features
an excellent location as the surrounding trade area has
undergone massive redevelopment in recent years.
Notable projects include The Westlight (172 units), Luna
(345 units) and the immediate trade area features a
Publix (ranked in the top 80% in GA by Placer.ai).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,125 SF
Building Class
C
Year Built/Renovated
1965/2019
Price
$4,071,591 CAD
Price Per SF
$794 CAD
Cap Rate
6.75%
NOI
$274,832 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Land Acres
0.43 AC
Zoning
C1
Parking
20 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
211 ft on Moores Mill Rd
PROPERTY TAXES
Parcel Number | 17-0230-0007-009-0 | Improvements Assessment | $248,507 CAD |
Land Assessment | $214,116 CAD | Total Assessment | $462,623 CAD |
PROPERTY TAXES
Parcel Number
17-0230-0007-009-0
Land Assessment
$214,116 CAD
Improvements Assessment
$248,507 CAD
Total Assessment
$462,623 CAD
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1936-1940 Moores Mill Rd NW
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