Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area
Land Area ()

Property description

  • The Reynoldstown Assemblage (the "Property") is a three-parcel assemblage totaling 1.94 acres and 34,991 rentable square feet in the flourishing Reynoldstown Atlanta submarket. The Property is currently leased as creative office space with formidable in-place net operating income.
  • Located less than 400 ft. from the eastside trail of The Atlanta BeltLine and its' intersection with the rapidly redeveloping Memorial Drive corridor, the Property is well positioned at the center of Reynoldstown's next phase of growth. Madison Yards, Atlanta Dairies and Modera Reynoldstown, all major mixed-use development projects, have recently been delivered in the submarket. New projects from Thrive Residential and Empire Communities are also steps from the assemblage.
  • With current in-place revenue secured through 2025, and the potential to increase property revenue via the lease of 225 Chester, the Property is well positioned to be one of the best value-add or vertical development opportunities in the Reynoldstown submarket.

Investment highlights

  • 3-building, +/- 35,000 SF value-add opportunity on 1.94 acres in the rapidly redeveloping Memorial Drive corridor
  • Rare opportunity to secure a future vertical development site with in-place income and buildings
  • 2 separate owners: Properties offered together or individually
  • In-place income through 2025 with immediate value-add opportunity
  • 225 Chester offers a compelling owner-user opportunity with flexible configuration, unique outdoor areas and LEED platinum status
  • Walkable, vibrant and highly amenitized neighborhood less than 400 feet from The Atlanta BeltLine
  • Superior vehicular accessibility via Chester Avenue to Memorial Drive; Proximity to both I-75/85 and I-20
Last Updated Date: 16 Jul 2021
Mark Lindenbaum
Mark Lindenbaum
Managing Director, Capital Markets
Scott Cullen
Scott Cullen
Managing Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+63282312281
Last Updated Date: 16 Jul 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.