Pending
$7,685,000
6.5% cap · 24,720 sq ft RBA · Class B
8204 DeKalb Ave NE
Atlanta, GA 30308
Listed 3 months ago$311/sq ft
01 / 06
For SaleMixed Use
$7,330,000
4846 Peachtree St NE
West Midtown · Atlanta, GA 30306
$325/sq ft34 days on market1.1K views80 saves
Key facts
- Interior
- 22,560 sq ft
- Lot
- 1.19 acres
- Year built
- 1961
- Property type
- Mixed Use
- Price / sq ft
- $325/sq ft
- Annual taxes
- $67,440
- Days on market
- 34
Getting around
Walk Score80
Very Walkable
Transit Score52
Good Transit
Bike Score58
Bikeable
About this property
A Full Service asset in Atlanta with real durability behind the rent roll. Current NOI supports the 6.5% going-in yield with room above it as leases reset. Debt is assumable at a below-market coupon for a qualified buyer.
Investment summary
Investment summary
Cap rate
6.50%
Net operating income ÷ price
Net operating income
$476,450
Annual, after operating expenses
Cash-on-cash
+2.3%
$51,042 annual cash flow on $2,199,000 equity
Occupancy76%
17,146 sq ft leased of 22,560 sq ft
- Tenants
- 4
- Rentable area
- 22,560 sq ft
- Price / sq ft
- $325/sq ft
- WALE
- 3.8 yrs
- Lease type
- Full Service
- Building class
- Class B
- Zoning
- MU-4
- Parking
- 67 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $425,408 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Outdoor
- Roof Deck Amenity
Interior
- Ground-Floor Retail
Systems & Efficiency
- Sprinkler System
Highlights
- Corner Visibility
- Monument Signage
- Build-to-Suit Ready
- NNN Leases in Place
- 24/7 Card Access
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2017-02-16 | Sold | $4,649,000 |
| 2026-06-21 | Listed | $7,330,000 |
Location
West Midtown, Atlanta — Fulton County
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Approximate location · West Midtown
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Estimated monthly
$44,438/mo
- Principal & interest83%$36,680
- Property tax13%$5,620
- Home insurance5%$2,138
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
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Term
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Loan amount $5,864,000 · 30 yr · 6.40%
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