2429 Martin Luther King Jr Dr SW

2429 Martin Luther King Jr Dr SW, Atlanta, GA 30311

RETAIL For Sale

Year Built: 2006

Floors: 1

Available Spaces

SpaceSizeTypePricing
CVS SALE $4,284,292.00

Contact

Sonny Molloy - Matthews Real Estate Investment Services | Atlanta

PHONE: 4048684892

PHONE: 4046106677

Jared Kaye - Matthews Real Estate Investment Services | Atlanta

PHONE: 4048970452

PHONE: 7705972989

Bennett Holman - Matthews Real Estate Investment Services | Atlanta

PHONE: 7703163926

PHONE: 4708261718

Grant Morgan - Matthews Real Estate Investment Services | Atlanta

PHONE: 2056108670

PHONE: 4045361504

Description

Prime location at the heart of the primary retail corridor with national credit tenants nearby, including Walmart, Home Depot, AutoZone, Wendy’s, McDonald’s, and Burger King, driving strong daily foot traffic. Positioned on M.L.K. Jr Dr SW and Hightower Rd NW, benefiting from combined traffic counts of 26,400 cars per day. First drugstore off the I-20 Freeway exit at Hamilton E Holmes Dr NW, which carries ±230,000 vehicles per day, connecting major southern cities. Close proximity to a cluster of universities—Morehouse College, Clark Atlanta University, Georgia Institute of Technology, and Spelman College—totaling nearly 60,000 students. Long-term lease in place with seven years remaining on the base term, plus six additional 5-year renewal options. Hard-corner location at a multi-signalized intersection.