Long-Term Tenants with Short Term Value Add Leases
Population of a 109K+ and 42K Homes in a 3 Mile Radius
Amazing Location Immediately Outside the 285 Perimeter (.02 Miles)
In the 3rd Most Populous County in the State of Georgia with 6.23% Yearly Growth in 1 Mile Radius
Georgia State University Perimeter Campus (1 Mile Away), Georgia Piedmont Tech College (0.8 Miles Away), Agnes Scott (3.5 Miles Away)
100% Occupancy with Annual Increases
In Cooperation with Sands Investment Group Atlanta, LLC – Lic #H-67374
Foxtrot Shopping Center represents an opportunity to acquire a stable retail investment with double digit return on current income plus upside on lease up of the vacant units. The center serves a diverse ethnic population from 54 countries speaking 48 languages with conventional business goods and services plus restaurants and grocers catering to local tastes.
Since acquiring the property in 2005, the current owner has replaced the roof and all exterior HVAC units, installed a water back flow preventer, and other upgrades including painting, parking lot re-sealing and new marquee sign.
North Decatur Road connects Midtown Atlanta to east DeKalb County. Nearby institutions include the DeKalb Board of Education, Georgia Perimeter College, Georgia Piedmont Technical College and Clarkston High School.
The property has 500+ feet of frontage accessed by two curb cuts onto an undivided four lane with a traffic count over 17,000.