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3-Tenant Neighborhood Retail Building 1302 Donnelly Ave 6,463 sq ft 100% Let Retail Property Atlanta, GA 30310 £669,487 (£103.59/sq ft) 10.49% Net Initial Yield
EXECUTIVE SUMMARY
BUILDING AND PROPERTY
•Three-tenant neighborhood retail building
•Two equal-sized floors totaling ±6,463 SF
•2022-2025 Renovations included gutting building, new roof, paint, parking lot, lighting, flooring, electrical, and masonry updates/repairs
•Water is sub-metered and gas/electric are individually metered
•11 off-street parking spaces and free street parking
•±0.29 AC Parcel | Zoned C-1 BeltLine Overlay
LOCATION
•Steps from the Atlanta BeltLine Westside Trail in the heart of the West End neighborhood
•BeltLine spur expected to be paved and lit in 2027 along with direct connection to Donnelly Ave
•Minutes from Lee + White food hall, Monday Night Garage, Best End Brewing, and other local retail and restaurants
•15 Minute (3.8 mile) drive north to Downtown Atlanta
•16 Minute (9.5 mile) drive south to Hartsfield-Jackson Atlanta International Airport
TENANTS AND LEASES
•Main floor split into two suites and terrace level is one large suite
•Tenants include a salon and convenience store on main and art gallery/event space on terrace level
•Weighted average lease term (WALT) on July 1st, 2025 is 60 months
•Full-service leases with low average rent of $15.89/SF
•Three-tenant neighborhood retail building
•Two equal-sized floors totaling ±6,463 SF
•2022-2025 Renovations included gutting building, new roof, paint, parking lot, lighting, flooring, electrical, and masonry updates/repairs
•Water is sub-metered and gas/electric are individually metered
•11 off-street parking spaces and free street parking
•±0.29 AC Parcel | Zoned C-1 BeltLine Overlay
LOCATION
•Steps from the Atlanta BeltLine Westside Trail in the heart of the West End neighborhood
•BeltLine spur expected to be paved and lit in 2027 along with direct connection to Donnelly Ave
•Minutes from Lee + White food hall, Monday Night Garage, Best End Brewing, and other local retail and restaurants
•15 Minute (3.8 mile) drive north to Downtown Atlanta
•16 Minute (9.5 mile) drive south to Hartsfield-Jackson Atlanta International Airport
TENANTS AND LEASES
•Main floor split into two suites and terrace level is one large suite
•Tenants include a salon and convenience store on main and art gallery/event space on terrace level
•Weighted average lease term (WALT) on July 1st, 2025 is 60 months
•Full-service leases with low average rent of $15.89/SF
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Property Size
6,463 sq ft
Costar Property Class
C
Year Built/Renovated
1965/2025
Price
£669,487
Price per sq ft
£103.59
Yield
10.49%
NOI
£70,206
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.51
Total Plot Size
0.29 ac
Use Class
C1 - Commercial
Parking
11 Spaces (1.7 Spaces per 1,000 sq ft Leased)
Frontage
209 ft on Donnelly Ave
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 14-0139-0004-092-8 | Improvements Assessment | £41,957 |
| Land Assessment | £60,419 | Total Assessment | £102,376 |
PROPERTY TAXES
Parcel Number
14-0139-0004-092-8
Land Assessment
£60,419
Improvements Assessment
£41,957
Total Assessment
£102,376
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3-Tenant Neighborhood Retail Building | 1302 Donnelly Ave
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