Mixed-Use Spaces in Atlanta
Mixed-use properties are multipurpose structures that often combine retail and residential. Commercial properties are exclusively meant for profit-generating business purposes, and retail space refers to a commercial property dedicated to selling directly to buyers with a substantial amount of expected foot traffic. Residential properties are zoned specifically for living purposes.
Mixed-use can also include other commercial businesses like office spaces or industrial activities in the development. Commercial office space refers to a property that has one or more rooms dedicated to office-related activities, and industrial space refers to a commercial property that a business operates out of, such as manufacturing and assembly facilities.
Oak & Stone Realty provides acquisition services to find the top purchase opportunities for clients and disposition services to negotiate the best deals for sales within mixed-use spaces.
Hassan is familiar with this industry and the complexities of leasing in Atlanta, making Oak & Stone a trusted brokerage firm for both tenant and landlord representation.
What to Look for in a Mixed-Use Property
Atlanta has an active, expanding market with a diverse variety of property options to choose from. Here are a few factors to consider when deciding on the right space for you:
- How much space you’ll need
- Neighborhood or location preference
- Pedestrian and vehicle traffic
- Property design and accessibility
- Target demographics for tenants
- Estimated budget
This Could Be Your Future Building
Finding Your Next Space
Downtown Atlanta, Buckhead and Midtown are some of the most walkable areas in Atlanta, while Sandy Springs makes up part of one of the fastest-growing metro areas in the country. Atlanta offers an urban environment with quality of life amenities that continue to appeal to the expanding population, particularly for developments featuring the complimenting aspects of commercial and residential.
While mixed-use spaces have many factors investors should consider, they also offer the benefits of multiple property types in one project. Mixed-use developments lessen overall risk for investors because of the diversity in tenants and space, and bring in substantial foot traffic. This real estate investment is a favorable addition to your portfolio when combined with a property manager equipped to handle multiple property types in a high demand area.
Mixed-use developments are one of the leading commercial real estate sectors, and Oak & Stone Realty has listings of quality communities for purchase along with extensive statistics on market data to help you start the process.
