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800 Forrest Street

/ Closed Deals / 800 Forrest Street

800 Forrest Street


Address - 800 Forrest Street NW

Acreage - 0.8839

Zoning - I-1 (Beltline Overlay District)

Square Footage - 26,200

Lease Availability - 7,000 to 26,200 SF

Rental Rate - $24.50 per SF NNN

For Sale at - $3,900,000

 

This offering is an excellent opportunity for an investor, or owner/user to acquire a free standing +/- 26,200 square foot building located directly on the Beltline and proximate to a tremendous amount of Intown redevelopment/adaptive reuse activity with in-place cash flow. The property is located in the Berkeley Park neighborhood of Atlanta, GA, which is one of the hottest intown neighborhoods. Located just under a mile and a half from Atlantic Station, and less than a mile from I-75, with direct access to the Atlanta Beltline, Berkeley Park is uniquely positioned to embrace the in-town lifestyle of “live, work, play”. A further renovation of the Property would transform the existing facility into Class “A” creative loft office building directly on the Beltline. Currently the Property enjoys 100% occupancy leased to multiple small Tenants including 2 film studios. The leases are short term in nature and can be terminated providing the opportunity to renovate and lease to one or several larger creative loft office tenants or an owner/user interested in taking advantage of this opportunity.

The location offers many attractions including the The District at Howell Mill, Westside Provisions District, Georgia Tech and popular neighborhoods such as Home Park, Atlantic Station, Underwood Hills, Ansley Park, and Channing Valley. Star Metals is an exciting new development, located just down the street, with 185,000 square feet of Class-A Office, 48,000 square feet of prime retail space and 409 upscale residential units. Urban Tree Cidery and Monday Night Brewing are just across the future Beltline. The property is perfectly located to take advantage of a future retail play directly on the Beltline.

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