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122 Cleveland Ave
Atlanta, GA 30315 Southeast Atlanta

$2,250,000 USD

Storefront Retail Office For Sale  •  11,842 SF

Property Details

• Property Type Storefront Retail Office
• Total Building Size 11,842 SF
• Lot Size 0.69 AC
• Building Class C
• Year Built 2001
• Cap Rate 7.78 %
• Tenancy Multiple
• Zoning C-1

40 Transit Score

50 Walk Score

Highlights

The center totals 11,842 SF and is fully leased to 5 tenants with no current vacancy, providing investors with immediate in-place cash flow.

Tenancy includes a government-supported vocational hair school (Profile Institute), neighborhood beauty supply, food catering user, adult care center.

Plaza Hispana is located less than 10 minutes south of Downtown Atlanta via the I-75/I-85 Downtown Connector, providing strong regional connectivity.

The property is a single-story strip center with multiple bays, on-site surface parking (roughly 70 spaces, or about 5.9 spaces per 1,000 SF).

Offered well below replacement cost with a PSF just over $190, giving investors an attractive basis relative to the cost of ground-up construction.

Cap Rate:

7.78 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Adult Care Center	2,500 SF	6/30/2029
Beauty Supply & Salon	1,250 SF	12/30/2027
Food Catering	1,250 SF	6/30/2031
Profile Institute	3,500 SF	10/30/2027
Theater & Comedy Club	3,342 SF	12/30/2030

Amenities

• Bus Line
• Pylon Sign
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	16 min	-	9.7 mi
Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	9 min	-	4.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	70
Type:	Surface
Included in Rent:	Yes