Listing Summary
Atlanta commercial investment: 95% occupied 58,514 SF grocery-anchored shopping center on 7.9 acres. Priced at just $51.27/SF ($3M). Great value-add asset
Full Description
Premier Atlanta Retail Investment | Grocery-Anchored Shopping Center For Sale
Discover an exceptional value-add commercial real estate investment in Southeast Atlanta. Bouldercrest Plaza is a high-performing ±58,514 square foot neighborhood shopping center anchored by Food Town Market. Situated on a expansive ±7.9-acre corner lot, this stabilized retail asset offers immediate, reliable cash flow coupled with substantial upside potential in a rapidly revitalizing Metro Atlanta submarket.
Offered "AS IS" at just $51.27 per square foot ($3,000,000 total asking price), Bouldercrest Plaza presents an unbeatable entry point significantly below replacement cost. With a robust 95% occupancy rate, investors benefit from strong existing tenant retention, stable in-place income, and multiple strategic value-add paths through lease optimization, capital improvements, and proactive asset management.
Key Investment Highlights
-
Unbeatable Value Pricing: Priced at only $51.27/SF, offering investors an attractive basis with substantial room for equity growth.
-
Essential Retail Anchor: Anchored by Food Town Market, driving consistent daily foot traffic and consumer necessity visits to the center.
-
Stabilized Cash Flow: Currently 95% leased to a diverse mix of multi-tenant retail and local service providers.
-
Prime Corner Site: Strategically positioned on a ±7.9-acre corner parcel featuring 180 feet of direct frontage along Bouldercrest Road.
-
Favorable Zoning: Zoned NS (Neighborhood Shopping), permitting a wide range of retail, restaurant, medical, and personal service uses.
-
Exceptional Parking & Access: Features 340 dedicated surface parking spaces (an outstanding 6.01 spaces per 1,000 SF ratio) and a dedicated turn lane for seamless ingress and egress.
Complete Property Specifications
-
Property Name: Bouldercrest Plaza
-
Address / Location: Southeast Atlanta, GA
-
Offering Price: $3,000,000
-
Price Per Square Foot: $51.27 / SF
-
Building Size (GLA): 58,514 SF
-
Land Area: ±7.9 Acres
-
Occupancy: 95%
-
Property Type: Retail (Neighborhood Shopping Center)
-
Building Class: Class C
-
Year Built: 1974
-
Tenancy Type: Multi-Tenant
-
Stories: 1-Story Single-Level Structure
-
Parking Ratio: 340 Spaces (6.01 / 1,000 SF)
-
Frontage: 180' along Bouldercrest Rd with Dedicated Turn Lane
Strategic Location & Opportunity
Bouldercrest Plaza sits in a high-density, high-demand corridor of Southeast Atlanta that continues to benefit from ongoing economic redevelopment and infill residential growth. The center's established presence, high-capacity parking, and anchored retail mix make it an indispensable neighborhood hub for surrounding residents.
Quick Glance
- Listing ID:
CL-Georgia-28190
- Status:
Active
- Year Build:
1974
- Building Size:
58,514 SqFt
- Lot Size:
7.90 Acr
-