G1C Group LLC acquired this asset as a General Partner along side some of her partners.
Here are some of the HIGHLIGHTS of why we love this $4.25MM deal:
strong value-add opportunity with substantial cash flow from DAY ONE
below-market rents with a potential for $100/month increases
excellent location for growth with proximity to schools, main traffic arteries, and recreation centers
Offering a full line of boutique commercial Business insurnace options tailored specifically for your business and/or assets.
Balfour Chamblee is within a short distance of some of Atlanta’s most prestigious employers. While Perimeter Center has long been a location of choice for renowned companies, nearly 70 leases have been executed in excess of 50,000 SF since 2010, creating a critical mass of employment activity
The Atlanta Industrial Market is one of Atlanta’s most dynamic engines, projected to have added 13,300 in 2021. Atlanta is the 7th largest submarket consisting of more than 230 MSF of industrial space. Balfour Chamblee is ideally positioned to benefit from direct exposure to Atlanta’s deepest employment base
Atlanta metro area has the fifth largest population in the U.S. with 5.9 million residents. It is a primary transportation hub of the the Southeast U.S. The city contains the world headquarters of corporations such as Coca-Cola, Home Depot, UPS, Delta Airlines, and Turner Broadcasting.
Chamblee is embarking on many new projects, including constructing the new public safety building. The City of Chamblee recently broke ground on the 40,000-50,000 square foot public safety building and 17-acre public park land. The building will house the Chamblee Police Department, Municipal Court operations and a publicly-accessible 2,700 square foot Community Room. The recreational complex will include a nature trail, multi-use courts and other field space.
DeKalb Peachtree Airport (PDK) is classified as a “general aviation reliever airport” for the Atlanta metropolitan area. PDK’s location, less than 10 miles from downtown Atlanta, makes it the airport of choice for those operators of corporate, business, and general aviation aircraft visiting the Atlanta area. There are 762 aviation-related jobs at the airport. Additional “indirect” benefits to the County include $14 million in visitor spending and $50 million in travel
Third Rail has hosted productions by media giants Netflix, NBC, Warner Bros., and others, while providing “highpaying jobs in the area [and giving] a significant amount of funding back to the state and surrounding communities in terms of charity, service, and education,” officials said. The initial phase of the ne