National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA

For Sale

2045 Donald Lee Hollowell Pkwy NW, Atlanta, GA 30318

This Atlanta property for sale is located at 2045 Donald Lee Hollowell Pkwy NW. The current listed sale price for National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA is $2,250,000. National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA is situated on a lot that is 2.6 acre in size.

Contacts

broker

Andy Lundsberg

Bull Realty

(404) 876-1640

Property Details

  • Property Type Retail - Freestanding
  • Property Size 21,955 SF
  • Lot Size 2.6 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 25, 2024
Grove Park Neighborhood.National Credit Tenant Value-Add Retail Investment | Grove Park Neighborhood | Atlanta, GA

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Highlights

  • Value-Add retail investment sale in burgeoning Grove Park neighborhood, Atlanta
  • Two tenant, ± 21,955 SF building
  • National recession-resistant tenants of Family Dollar and DaVita Dialysis
  • Family Dollar recently renewed its lease through 12/31/2028
  • DaVita Dialysis is dark and seeking buy-out with a lease through 2/28/2027
  • DaVita’s situation provides immediate value-add potential and flexibility with timing
  • DaVita’s current base rent at $7.00/SF offers substantial mark-to-market potential
  • Excellent visibility, access and traffic counts at the intersection of two major thoroughfares
  • Dominant retail center and site in transitioning Grove Park neighborhood
  • Low basis at asking price ($102/SF and $865k/AC)
  • Covered land play: redevelopment potential of the 2.6-acre site as neighborhood improves
  • Outparcel vacant restaurant and auto repair buildings could also be purchased (bonus 0.64 acres)

Attachments

Getting around

  • 45/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 33/100

    Bike Score ®

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Location

  • City Atlanta, GA
  • Neighborhood Grove Park
  • Zip Code 30318
  • Market Atlanta

Points of Interest

  • Bankhead

    1.38 miles

  • West Lake

    1.72 miles

  • Hamilton E. Holmes

    1.89 miles

  • Ashby

    2.47 miles

  • Vine City

    3.12 miles

  • GWCC/CNN Center

    3.46 miles

  • West End

    3.62 miles

  • Centennial Olympic Park

    3.68 miles

  • Atlanta

    3.74 miles

  • North Avenue

    3.77 miles

  • Exxon

    1.12 miles

  • Mobil

    1.16 miles

  • Shell

    2.05 miles

  • Shell

    2.28 miles

  • BP

    2.51 miles

  • Chevron

    2.53 miles

  • Texaco

    2.53 miles

  • QuikTrip

    2.57 miles

  • BP

    2.61 miles

  • Texaco

    2.65 miles

  • West Lake Park & Ride

    1.79 miles

  • H. E. Holmes Park & Ride

    1.86 miles

  • H. E. Holmes Park & Ride

    1.94 miles

  • Atlanta Humane Society Guest Parking

    2.40 miles

  • Ashby Park & Ride

    2.41 miles

  • Curran Street Parking Deck

    2.68 miles

  • Campus Recreation Parking Deck

    2.77 miles

  • Student Center Parking Deck

    2.97 miles

  • Dalney Street Parking Deck

    2.98 miles

  • Steelworks Parking Deck

    3.04 miles

  • Agavero Cantina

    1.73 miles

  • Twisted Soul Cookhouse & Pours

    1.75 miles

  • Urban PL8

    1.85 miles

  • Star Provisions

    1.87 miles

  • Bone Garden Cantina

    1.87 miles

  • Wendy's

    1.90 miles

  • Church's Chicken

    2.12 miles

  • Burger King

    2.35 miles

  • Yeah! Burger

    2.36 miles

  • JCT

    2.37 miles

  • Walmart Supercenter

    2.67 miles

  • Kroger

    2.83 miles

  • Walmart Supercenter

    2.95 miles

  • Kroger

    2.96 miles

  • Publix

    3.13 miles

  • Target

    3.21 miles

  • Publix

    3.29 miles

  • Big Bear Supermarket

    3.43 miles

  • Publix

    3.65 miles

  • Whole Foods Market

    3.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Andy Lundsberg

Bull Realty

(404) 876-1640