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27431404
27431409

1422 Woodmont Ln NW, Atlanta, GA 30318

DC
GA 355866
Knapp Commercial Advisors
Listed by Knapp Commercial Advisors
$750,000
239 days on market
Updated 78 days ago

1422 Woodmont Ln Unit 3

Details
APN 17-0192-0002-043-0
Property Type Industrial, Office (+1)
Sub Type Creative Office, Storefront (+1)
Square Footage 2,800
Net Rentable (SqFt) 2,800
Units 1
Cap Rate 8.00%
NOI $65,000
Tenancy Single
Lease Type Net
Lease Expiration 08/31/2029
Remaining Term 4
Rent Bumps Yes
Lease Options 1
Year Built 2001
Buildings 1
Stories 2
Acreage 0.500
Zoning I2
Parking Spaces 40 spaces
Parking Per SqFt 14.29
Investment Type Owner/User
Ground Lease No
Ceiling Height 18

Flex office retail showroom space | 7.00% CAP | 2,800 SqFt

Marketing description

2,800 sf premier flex office retail is now available for an owner-user or investors looking to position in the surging West Midtown market. Versatile Layout: High-end flex space perfectly suited for a creative office, boutique retail showroom, or modern retail and warehouse use. Flexible Zoning: The property is Zoned I2 (Heavy Industrial), offering a vast range of permitted uses and long-term adaptability. Prime Location: Situated moments from the massive Works at Chattahoochee mixed-use development. This submarket is defined by a high-energy blend of adaptive reuse projects, luxury residential inflows, and creative office demand. Appreciation Potential: West Midtown continues to deliver strong appreciation and growth compared to more mature markets, making this a strategic asset for any business's or investor's real estate portfolio. Investment Sale Opportunity: The property can also be sold as a fully leased investment offering immediate income for the next four years with 3% annual escalations and a significant mark-to-market opportunity in 2029. New TPO Roof installed in 2021. HVAC Replaced in 2016. Mezzanine level accommodates live work option with kitchen and full bathroom.

Investment highlights

Ample Client & Tenant Parking, Monument Signage, All Brick construction.

The Property is zoned I2 HEAVY INDUSTRIAL https://library.municode.com/ga/atlanta/codes/code_of_ordinances?nodeId=PTIIICOORANDECO_PT16ZO_CH17HEINDIRE

Listing Contacts

DC
GA 355866
Knapp Commercial Advisors
Listed by Knapp Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$65,000.00
$5,416.67/mo

Valuation Metrics

0
DSCR
8.67%
Cap Rate
8.67%
ROI

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Additional Information

Name
DARREN COMER
License
355866
Brokerage
Knapp Commercial Advisors
Title
Broker
Brokerage Address
715 East Lake Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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