Coming Soon
$15,800,000
7.8% cap · 52,580 sq ft RBA · Class B
576 N Highland Ave NE
Atlanta, GA 30308
Listed 4 days ago$300/sq ft
01 / 07
NewFor SaleMixed Use
$15,645,000
7446 Moreland Ave NE
Virginia-Highland · Atlanta, GA 30316
$432/sq ft1 days on market1.4K views75 saves
Key facts
- Interior
- 36,240 sq ft
- Lot
- 2.61 acres
- Year built
- 1968
- Property type
- Mixed Use
- Price / sq ft
- $432/sq ft
- Annual taxes
- $143,930
- Days on market
- 1
Getting around
Walk Score68
Somewhat Walkable
Transit Score50
Good Transit
Bike Score61
Bikeable
About this property
10 tenants, 36,240 rentable square feet, and a NNN structure that keeps the operating burden where it belongs. Roof Deck Amenity and monument signage make the space genuinely functional rather than merely leasable.
Investment summary
Investment summary
Cap rate
7.20%
Net operating income ÷ price
Net operating income
$1,126,440
Annual, after operating expenses
Cash-on-cash
+4.7%
$218,458 annual cash flow on $4,693,500 equity
Occupancy65%
23,556 sq ft leased of 36,240 sq ft
- Tenants
- 10
- Rentable area
- 36,240 sq ft
- Price / sq ft
- $432/sq ft
- WALE
- 1.5 yrs
- Lease type
- NNN
- Building class
- Class C
- Zoning
- MX-3
- Parking
- 68 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $907,982 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
Parking & Access
- Structured Parking
Highlights
- Monument Signage
- NNN Leases in Place
- Value-Add Upside
- 24/7 Card Access
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2018-04-08 | Sold | $8,797,000 |
| 2026-07-24 | Listed | $15,645,000 |
Location
Virginia-Highland, Atlanta — Fulton County
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Approximate location · Virginia-Highland
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Estimated monthly
$94,846/mo
- Principal & interest83%$78,288
- Property tax13%$11,994
- Home insurance5%$4,563
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 $12,516,000 · 30 yr · 6.40%
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