NNN Retail Investment | East Atlanta Village | 5.6% Cap Rate
NNN Retail Investment | East Atlanta Village | 5.6% Cap Rate | The Victorian Atlanta
Investment highlights
Property Highlights
Freestanding commercial building leased to The Victorian, a coffee shop and plant store concept
Beautiful 1925 Victorian home fully renovated and converted to coffee shop use by tenant in 2020
Modern & warm plant nursery with a rustic front patio | Lots of windows and natural light inside
The Victorian holds a 4.5 star google rating and is well-loved by the community
Awarded “Best of Atlanta 2021: Reader’s Choice” by Atlanta Magazine, “The Year of The Houseplant” on HGTV, & “The Most Unique Coffee Shop in ATL” on Jezebel Magazine
Recently extended lease through 2030 | Successful operating history at this location
Strong social media following & engagement from EAV’s young professional base
Tenant on true NNN lease | Allows for reimbursement of management and all CAPEX
3% Annual escalations | 4% Base rent management expense reimbursement
±0.23 Acres with 8 parking spaces - great for this concept in dense downtown area
Located in the heart of East Atlanta Village | vibrant, walkable, sought-after location
Popular for restaurants, nightlife, retail, and culture
Steps from famous hot spots Southern Feedstore, Argosy, and The Earl
Rapid home value growth | Average home prices almost $500k
Nearby Locations
Beltline Trail (under 1 mile)
I-20 (2 minute drive)
Grant Park (5 minute drive)
Ormewood Park (5 minute drive)
Kirkwood (6 minute drive)
Downtown Atlanta (10 minute drive)
Inman Park (10 minute drive)
Krog Street Market (11 minute drive)
Ponce City Market (13 minute drive)
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