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"The Triangle" in The Point At Cascade 2287 Cascade Rd

4,745 SF 100% Leased Retail Building Atlanta, GA 30311 £1,351,996 (£285/SF) 6.59% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Surrounded by Adams Park; Beecher Hills; Audubon Forest and More
  • Excellent investment in Opportunity Zone
  • 12 minutes to Downtown Atlanta and 18 Minutes to Hartsfield Airport

EXECUTIVE SUMMARY

"The Triangle" is one of the two buildings in The Point At Cascade, located in the Cascade Heights Commercial Historic District. Fully Occupied with 5 businesses: Aiskrimu Ice Cream Bar; Diamonds In The Rough Salon; Nourish + Bloom (AI Grocery Store); MoreLyfe Juice Bar; Oreatha's At The Point (#4 Best Restaurant in the Nation according to YELP in 2023). Each Lease is NNN. The building is located in a Federal Opportunity Zone. All plumbing and sewer lines replaced in 2019. 3-Phase Electrical service installed in 2019. New Roofs on Oreatha's & MoreLyfe in 2019.

ATTACHMENTS

NDA TEMPLATE 20241112 FLOSHEA
Environmental Phase I

DATA ROOM Click Here to Access

  • Third Party Reports
  • Miscellaneous

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,745 SF
Building Class
C
Year Built
1950
Price
£1,351,996
Price Per SF
£285
Net Initial Yield
6.59%
NOI
£89,073
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.44
Lot Size
0.25 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
NC-6 - Opportunity Zone; Neighborhood Commercial District NC-6;
Frontage
146 ft on Cascade Rd

AMENITIES

  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Restaurant
  • Signalised Intersection
  • Wheelchair Accessible
  • Air Conditioning

LINKS

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2287 Cascade Rd, Atlanta, GA - AERIAL map view

PROPERTY TAXES

Parcel Number 14-0184-0001-008-1 Improvements Assessment £62,613
Land Assessment £83,474 Total Assessment £146,087

PROPERTY TAXES

Parcel Number
14-0184-0001-008-1
Land Assessment
£83,474
Improvements Assessment
£62,613
Total Assessment
£146,087
(504) 756-9023

CONTACT

  • Shea Embry
    Shea Embry
  • Shea R. Embry

  • Listing ID: 33886002

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 2287 Cascade Rd, Atlanta, GA 30311

The Cascade Heights Retail Property at 2287 Cascade Rd, Atlanta, GA 30311 is currently available. Contact Shea R. Embry for more information.

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2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 1 of 15
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2287 Cascade Rd, Atlanta, GA for sale Aerial- Image 2 of 15
"The Triangle" of The Point At Cascade
2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 3 of 15
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2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 4 of 15
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2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 5 of 15
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2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 6 of 15
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2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 7 of 15
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2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 8 of 15
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2287 Cascade Rd, Atlanta, GA for sale Other- Image 9 of 15
600 acres of Green Space Surround The Point At Cascade
2287 Cascade Rd, Atlanta, GA for sale Site Plan- Image 10 of 15
Renovations 2019
2287 Cascade Rd, Atlanta, GA for sale Other- Image 11 of 15
Federal & State Historic District
2287 Cascade Rd, Atlanta, GA for sale Other- Image 12 of 15
Historic Commercial District
2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 13 of 15
Cameron's Salon
2287 Cascade Rd, Atlanta, GA for sale Building Photo- Image 14 of 15
Screen Shot 2024-11-16 at 12.35.46 PM

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"The Triangle" in The Point At Cascade | 2287 Cascade Rd
(504) 756-9023 x

"The Triangle" in The Point At Cascade | 2287 Cascade Rd

Shea Embry

(504) 756-9023

(504) 756-9023

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