2635 Martin Luther King Junior Drive Southwest, Atlanta, GA for sale

Investment Overview

This Offering presents a compelling value-add investment opportunity at 2635-2637 MLK Jr Drive SW, Atlanta, GA 30311. The property, a 4,130 square foot retail building on a 0.28-acre lot, is strategically located in a high-traffic corridor with significant redevelopment potential. While the building is currently in poor condition, it offers substantial upside through renovation and lease stabilization. With a current Net Operating Income (NOI) of approximately $41,040 and a listing price of $645,000, this asset provides an attractive entry point for investors seeking to capitalize on Atlanta's dynamic retail market.

Investment Highlights

• Value-Add Opportunity: Significant upside potential through renovation and lease stabilization.
• •Strategic Location: High-traffic corridor on MLK Jr Drive SW with excellent visibility.
• •Established Tenancy: Long-term tenants provide immediate income, offering flexibility for new ownership.
• •Strong Market Fundamentals: Located in a growing Atlanta retail market with healthy demand and rent growth.
• •Attractive Entry Price: Offered at a competitive price per square foot, allowing for substantial equity growth post-repositioning.