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29665373
29665374

2362 W Broad St, Athens, GA 30606

CB
GA GA 218395
Atlas Real Estate Advisors
KN
GA 371358
Atlas Real Estate Advisors
Listed by Atlas Real Estate Advisors
$575,000
199 days on market
Updated 7 days ago

Owner-User or Investment Opportunity Athens GA

Details
APN 121D2 A003C
Property Type Industrial, Office (+1)
Sub Type Flex, Storefront (+1)
Square Footage 3,391
Units 2
NOI $33,390
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Expiration 04/30/2026
Rent Bumps Yes
Price per SqFt $170
Broker Co-Op Yes
Class C
Year Built 2006
Buildings 2
Stories 1
Acreage 0.280
Zoning C-G
Parking Spaces 14 spaces
Parking Per SqFt 4.13
Ownership Fee Simple

Fully Leased Income Opportunity on W.Broad St. Athens

Marketing description

2362 W. Broad St. offers multiple options for an investors seeking income generating property, owner-user location, or pursuing a longer-term redevelopment play along one of Athens’ primary commercial corridors.

2362 W. Broad St. offers a compelling opportunity along the highly trafficked West Broad St./U.S. Route 78 Business corridor in Athens. The 0.29-acre commercial outparcel is improved with two commercial buildings, with leases in place and future upside potential. Positioned adjacent to one of Georgia’s oldest Arby's locations, the site benefits from strong visibility and signalized access at the intersection of W. Broad St. and Camellia Drive. Multiple ingress and egress points—including shared access with Arby’s and Beech Haven Baptist Church, along with a direct entrance from Camellia Drive—support excellent circulation and functionality. The property includes 14 on-site parking spaces and is screened by privacy fencing on three sides.

Building A (left side when facing the property) was built in 1960 and measures approximately 31' x 61'. It features 12' ceilings, a rectangular brick design, asphalt shingle roof, front and side entry doors, and one roll-up door. Current lease expires 4/30/2026.

Building B (right side) was built in 1982 and totals approximately 1,500 SF with 8' ceilings. It includes front and side entries and a small side patio. The building received exterior painting and a new roof in 2020. Currently on month-to-month basis.

Investment highlights

Listing Contacts

CB
GA GA 218395
Atlas Real Estate Advisors
KN
GA 371358
Atlas Real Estate Advisors
Listed by Atlas Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,390.00
$2,782.50/mo

Valuation Metrics

0
DSCR
5.81%
Cap Rate
5.81%
ROI

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Additional Information

Name
Chris Blackmon
License
GA 218395
Brokerage Address
1091 Founders Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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