Shopping Neighborhood
Red Oak Village
3435 Roosevelt Hwy, Atlanta, GA 30349
Listing Price: $9,700,000
Investment Overview
Marcus and Millichap is pleased to present the Red Oak Village for sale in Atlanta, Georgia. This Trophy asset is strategically located just 5 miles from the Jackson Hartfield International Airport, in the
booming metro Atlanta market.
The property is home to five national tenants including an additional 17 mom & pop stores and local chains. The tenants are all on NNN leases providing a stress-free investment. Most of these tenants also
have yearly rental increases of 3%, hedging against and most years, beating CPI. There is value-add upside here with one vacancy in a market where the retail vacancy in this submarket is below 3%. An
investor can have full confidence in this properties ability to perform proven by the long tenured success of the in-place tenants and rapidly expanding Atlanta market.
Red Oak Village
Investment Highlights
- All Buildings Have Brand new Roofs, Replaced in 2023
- Parking lot Repaired in 2023
- New HVAC Units
- Majority of Tenants Have 3% Yearly Rental Increases
- Year 2 Cap Rate Based off Current Escalations is 7%
- Every Building Freshly Painted in 2023
- Prime Location in Atlanta Less than 5 Miles from the Jackson-Hartfield Airport
Exclusively Listed By
Broker of Record
Listing Price: $9,700,000
Investment Highlights
- All Buildings Have Brand new Roofs, Replaced in 2023
- Parking lot Repaired in 2023
- New HVAC Units
- Majority of Tenants Have 3% Yearly Rental Increases
- Year 2 Cap Rate Based off Current Escalations is 7%
- Every Building Freshly Painted in 2023
- Prime Location in Atlanta Less than 5 Miles from the Jackson-Hartfield Airport
Investment Overview
Marcus and Millichap is pleased to present the Red Oak Village for sale in Atlanta, Georgia. This Trophy asset is strategically located just 5 miles from the Jackson Hartfield International Airport, in the booming metro Atlanta market. The property is home to five national tenants including an additional 17 mom & pop stores and local chains. The tenants are all on NNN leases providing a stress-free investment. Most of these tenants also have yearly rental increases of 3%, hedging against and most years, beating CPI. There is value-add upside here with one vacancy in a market where the retail vacancy in this submarket is below 3%. An investor can have full confidence in this properties ability to perform proven by the long tenured success of the in-place tenants and rapidly expanding Atlanta market.
Exclusively Listed By
Broker of Record
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