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Published on: Thursday, October 31, 2024
Updated on: Thursday, October 31, 2024
About the Lister
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Name: Chris Maling
Company: Avison Young
Office Phone: +1 213.618.3824
Cell Phone: +1 213.364.7222
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Financing  Business  Material

  Retail/Redevelopment Site in Hapeville, Georgia

590 S Central Ave Hapeville Georgia , 30354
590 S Central Ave Hapeville Georgia , 30354  Avison Young
Listing ID: CL-Georgia-12649 Other/Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Georgia-12649
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1958
Building Size: 11,328.00 SqFt
Lot Size: 11,328.00 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Avison Young is pleased to present the opportunity to acquire the ±5,664 SF retail building with bonus basement of 5,664 SF on ±1.75 AC of fee simple land located at 590 South Central Avenue in Hapeville, Georgia.
Complete Details
Year Build: 1958
Building Size: 11,328 SqFt.
No of Stories: 1
Total Lot Area: 11328 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Avison Young is pleased to present the opportunity to acquire the ±5,664 SF retail building with bonus basement of 5,664 SF on ±1.75 AC of fee simple land located at 590 South Central Avenue in Hapeville, Georgia. The subject property is located in a high-traffic area just outside of the Atlanta International Airport with close proximity to Interstates 75, 85, and 285. A former Wells Fargo, the property features ample parking. This opportunity can either be backfilled by a new tenant or redeveloped into a mixed-use property of around 80 units.
Additional Properties
Property Other Use
  • Ideal opportunity for another bank or financial institution
Property Highlights
  • Subject property is a former Wells Fargo Bank
  • High traffic counts on Central Avenue: ±13,000 VPD
  • Close proximity to Interstates 75, 85, and 285
  • Synergistic national retailers located within one mile of property including Subway, Domino’s Pizza, Chick-fil-A, McDonald’s, Wendy’s, and IHOP as well as a number of local restaurants and retailers
  • Property can benefit from nearby accommodations including Kimpton Overland Hotel, Best Western Plus, and Holiday Inn Express (all within 1 mile)
  • Proximity to hotels and ATL Airport makes this an excellent opportunity for a shipping/mail retailer, QSR, coffee, and everyday needs retailers.
Features
  • Ample parking on-site
  • ±11,328 SF building on ±1.75 AC of fee simple land
Listing Location
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