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 / 05
PendingRetail
$9,260,000
6519 Piedmont Ave NE
Inman Park · Atlanta, GA 30309
$410/sq ft35 days on market1.5K views49 saves
Key facts
- Interior
- 22,560 sq ft
- Lot
- 1.47 acres
- Year built
- 1988
- Property type
- Retail
- Price / sq ft
- $410/sq ft
- Annual taxes
- $85,190
- Days on market
- 35
Getting around
Walk Score71
Very Walkable
Transit Score54
Good Transit
Bike Score56
Bikeable
About this property
The 1988 retail property at 6519 Piedmont Ave NE has been repositioned and is now performing at 77% leased. On-Site Parking is the differentiator in this submarket — very little competing product has it. Full offering memorandum and T-12 available under NDA.
Investment summary
Investment summary
Cap rate
6.50%
Net operating income ÷ price
Net operating income
$601,900
Annual, after operating expenses
Cash-on-cash
+2.3%
$64,481 annual cash flow on $2,778,000 equity
Occupancy77%
17,371 sq ft leased of 22,560 sq ft
- Tenants
- 4
- Rentable area
- 22,560 sq ft
- Price / sq ft
- $410/sq ft
- WALE
- 5.5 yrs
- Lease type
- Absolute Net
- Building class
- Class B
- Zoning
- C-2
- Parking
- 78 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $537,419 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Systems & Efficiency
- Sprinkler System
Parking & Access
- On-Site Parking
Highlights
- Drive-Thru
- Corner Visibility
- Monument Signage
- Value-Add Upside
- 24/7 Card Access
- Build-to-Suit Ready
- Opportunity Zone
- Below-Market Rents
Price history
Every listing event recorded for this property.
- Listed
- Pending
- Sold
| Date | Event | Price |
|---|---|---|
| 2020-01-24 | Sold | $6,869,000 |
| 2026-06-20 | Listed | $9,260,000 |
| 2026-07-15 | Pending | $9,260,000 |
Location
Inman Park, Atlanta — Fulton County
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Approximate location · Inman Park
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Estimated monthly
$56,137/mo
- Principal & interest83%$46,337
- Property tax13%$7,099
- Home insurance5%$2,701
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 $7,408,000 · 30 yr · 6.40%
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