163 Clairemont – Atlanta, Georgia
Strategic land position
163 Clairemont Avenue (163 Clairemont) is a 2.3-acre strategic land position at the northern gateway to downtown Decatur, one of Atlanta’s most established and sought after communities. The property is currently improved with a 10,683 square foot, 1976 office building 81% leased to Bank of America (8,722 SF) and 1,961 square feet available for lease / vacant. Although, Bank of America has a long-term lease in-place providing a current yield, the investment upside rests within relocating Bank of America to a new to-be built branch thus freeing up the site for additional highest and best use densification.
10,683 SF office