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30 BOWLING LANES AS PART OF FORMER FUN CENTER 1959 Metropolitan Pky SW

105,000 SF of Retail Space Available in Atlanta, GA 30315

Highlights

  • Situated near bustling corridor with immediate access to I-75 / I-85
  • Surrounded by dense housing, additional retail including restaurants, storefronts, fitness facilities, hair salons and more
  • Located within a densely populated neighborhood, this property offers unparalleled accessibility and exposure in a vibrant urban setting
  • Located near Atlanta Metropolitan State College & Atlanta Technical College
  • Taxes, insurance, CAM to be charged at $4.00/square foot for year 1
  • Centrally located around neighborhood parks, schools, and the Atlanta Zoo

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Ceiling
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 105,000 SF
  • 19 ft
  • Negotiable
  • £7.84 /SF/PA £0.65 /SF/MO £84.43 /m²/PA £7.04 /m²/MO £823,630 /PA £68,636 /MO
  • Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This specialty recreational space is move-in ready as a bowling alley and entertainment space! Located directly off of Metropolitan Parkway with ample, dedicated parking and great visibility from the road, this space will include 38 bowling lanes, a skate rink, pool tables as well as an area for full-service dining and bar.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Space is in Excellent Condition
  • Finished Ceilings: 19 ft
Space Size Ceiling Term Rent Service Type
1st Floor 105,000 SF 19 ft Negotiable £7.84 /SF/PA £0.65 /SF/MO £84.43 /m²/PA £7.04 /m²/MO £823,630 /PA £68,636 /MO Triple Net

1st Floor

Size
105,000 SF
Ceiling
19 ft
Term
Negotiable
Rent
£7.84 /SF/PA £0.65 /SF/MO £84.43 /m²/PA £7.04 /m²/MO £823,630 /PA £68,636 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This specialty recreational space is move-in ready as a bowling alley and entertainment space! Located directly off of Metropolitan Parkway with ample, dedicated parking and great visibility from the road, this space will include 38 bowling lanes, a skate rink, pool tables as well as an area for full-service dining and bar.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Space is in Excellent Condition
  • Finished Ceilings: 19 ft

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 1959 Metropolitan Pky SW , Atlanta, GA 30315

Property Type Retail
Property Subtype Bowling Alley
Gross Internal Area 120,000 SF
Year Built/Renovated 1968/1993
Parking Ratio 4.53/1,000 SF

About the Property

On the bustling Metropolitan Parkway in SW Atlanta, Georgia, stands 1959, a versatile commercial property boasting an array of flexible floor plan options to cater to diverse business needs and varied scale. CLEAR HEIGHT IS 18.5 FT. The building is a K-Mart style design with no load bearing walls and support columns on 40ft centers. Therefore, with a total floor area of 120,000 square feet, this property offers a choice among contiguous spaces of 20,000, 40,000, 60,000, 80,000 or 100,000SF. There is a 20,000 SF mezzanine at the rear of the building. Each boasts its own exterior entry option, ensuring autonomy for tenants/guests/clients. Moreover, the convenience of individual entries off a common vestibule at the main building entrance provides added flexibility and convenience. (SEE FLOOR PLAN) CURRENTLY, ONE 40,000 SQUARE FOOT OPTION HAS 30 FUNCTIONING BOWLING LANES AND CAN BE LEASED AND MANAGED AS A BOWILING ALLEY with food service (or lanes can be removed). BASE RENT INCLUDES USE OF ALL EQUIPMENT (SEE PHOTOS) One 40,000 square feet space offers a large open area that once served as a playground, featuring inflatables, laser tag, a gaming arcade, and a designated event area. This versatile setting provides endless possibilities for entertainment-based businesses or creative event planning endeavors or sporting/training facilities. Additionally, a 20,000 square feet section of the property boasts a rich history as a skating rink, with a previous incarnation as NBA-size basketball courts. Its expansive layout and adaptable design make it an ideal canvas for sporting activities, fitness facilities, or specialized training centers. The building retains 3 former kitchen areas and a large area previously a full-service restaurant, bar, and lounge. Each can be restored and provide catering to the needs of a broad array of users and visitors. Whether envisioning a culinary venture, entertainment complex, or sporting arena, 1959 Metropolitan Parkway offers boundless potential for entrepreneurs seeking a prime location in the vibrant city of Atlanta.

  • Bus Route
  • Mezzanine
  • Signage

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
9,046
99,595
249,583
476,296
2029 Population
9,429
104,283
260,664
493,390
2024-2029 Projected Population Growth
4.2%
4.7%
4.4%
3.6%
Median Age
37.9
37.0
36.0
34.8
College Degree + Higher
27%
26%
35%
25%
Daytime Employees
2,330
33,460
201,233
473,313
Total Businesses
285
3,952
17,090
34,040
Average Household Income
$61,744
$62,677
$77,966
$87,152
Median Household Income
$40,472
$41,694
$53,068
$59,780
Total Consumer Spending
$85.5M
$901.1M
$2.6B
$5.5B
2024 Households
3,897
40,972
104,782
209,772
Average Home Value
$259,188
$298,934
$355,083
$392,755
$ values in USD
  • Listing ID: 31279170

  • Date on Market: 29/05/2024

  • Last Updated:

  • Address: 1959 Metropolitan Pky SW, Atlanta, GA 30315

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