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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34527062
34527063

2 Locations For Sale

CB
GA GA 218395
Atlas Real Estate Advisors
KN
GA 371358
Atlas Real Estate Advisors
Listed by Atlas Real Estate Advisors
$17,200,000
0 days on market
Updated 0 days ago

Shallow Bay Retail Portfolio

Details
Property Type Retail, Industrial
Sub Type Storefront, Flex (+1)
Square Footage 163,432
Units 58
Occupancy 79%
Rent Bumps Yes
Pro-Forma NOI $1,007,861
Buildings 10
Acreage 12.300
Zoning C-H, GC
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner

About This Property for Sale

Marketing description

The offered portfolio—comprised of 101 Kenwood Road in Fayetteville and 6461 GA Highway 85 in Riverdale—is strategically positioned within the Atlanta metropolitan area, one of the nation’s largest and fastest-growing economic regions. Located approximately five miles apart, the two assets provide investors a rare opportunity to control and scale across adjacent South Metro Atlanta submarkets.

Current financials offer a compelling blend of current income with future upside, demonstrating strong operating performance while retaining several identifiable avenues for value creation. The assets benefit from flexible multi-tenant bay configurations, grade-level loading capabilities, ample parking, and strategic proximity to the South Atlanta airport and logistics corridor. Positioned as functional, affordable multi-tenant flex/industrial properties, their competitive advantage lies in flexibility, accessibility, and broad tenant appeal. Future value creation is tied to corridor-level business growth, service-sector expansion, and continued population growth throughout South Metro Atlanta—making this a compelling operational upside story rather than a heavy redevelopment play.

Investment highlights

  • 163,462 SF (combined)
  • 58 units (combined)
  • 78.7% occupied
  • ~$1.29M trailing twelve-month operating revenue
  • ~$1.08M trailing twelve-month NOI
  • Diversified rent roll with no dominant tenant concentration
  • Lease expirations distributed through 2031
  • Built-in contractual rent escalations
  • Meaningful vacancy upside without redevelopment
  • Broad mix of commercial tenants
  • Multiple avenues for NOI growth through active management

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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Additional Information

Name
Chris Blackmon
License
GA 218395
Brokerage Phone
7065340385
Brokerage Address
1091 Founders Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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