INVESTMENT HIGHLIGHTS
Secured by a long-term lease with an established, award-winning theatre and cabaret operator, backed by high-net-worth guarantors.
9 years left on the existing NNN lease, the Tenant is responsible for reimbursement of taxes and insurance with 3.5% annual increases.
THE PROPERTY
Recent significant capital improvements, including a new HVAC system and a TPO roof replaced.
Located along Edgewood Avenue in Old Fourth Ward, the Property benefits from strong fundamentals within one of Atlanta’s most active intown retail and entertainment corridors.
CONDOMINIUM OWNERSHIP
The Property is part of a three-unit condominium structure.
Ownership consists of one of three separately owned commercial units.
Shared elements are governed by a small condominium association, allowing for efficient management of common areas and expenses.