Retail Business for Sale in Sandy Springs, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sandy Springs, GA 30342

Description

The Chamberlain University College of Nursing is strategically located within Atlanta’s predominant healthcare corridor, one of the most established and dense medical clusters in the Southeastern United States. The immediate area is home to Northside Hospital, Emory Saint Joseph’s Hospital, and Children’s Healthcare of Atlanta, which collectively anchor the submarket’s healthcare ecosystem. The depth of healthcare infrastructure in the immediate vicinity, with hundreds of physician practices, outpatient facilities, and support services, provides a direct pipeline for clinical placements, partnerships, and student demand. The property is located within the Altmore Perimeter campus, a premier mixed-use project, currently in development, designed to create a walkable, transit-oriented environment in the heart of Central Perimeter. Once completed the campus will include approximately 560,000 square feet of Class A office space, a newly delivered 186-key Hyatt House hotel, curated food and beverage offerings, and a 230,000 square foot office tower, with future multifamily planned around a central activated plaza. The asset has been leased since 2011 to Adtalem Global Education Inc., (rebranded to Covista as of February 2026) a publicly traded education provider focused on healthcare and professional programs. Covista has demonstrated strong financial performance, supported by consistent enrollment growth and increasing demand for healthcare education, with recent reporting indicating double-digit enrollment gains and projected annual revenues exceeding $1.7 billion. Within a three-mile radius of the property, average household incomes exceed $160,000 and the daytime population reaches 242,951 people. The surrounding population is also notably well-educated, with more than 30% of residents Investment Highlights: • NNN Lease with 9+ Years Remaining and 2.5% Annual Rent Increases • Located within the Altmore Perimeter Campus, a Premier Mixed-Use Project, Currently in Devel

Market Context

This retail in Sandy Springs, GA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Sandy Springs, GA — <a href="/search/sale/retail/georgia/sandy-springs">view the full market</a>.

As of Q1 2026, the Atlanta retail market showed a 4.5% vacancy rate, average asking rents near $24.00/SF/yr, and cap rates around 7.1%. Source: Consensus Q1 2026 market report.

Its 7.0% asking cap rate is in line with the Atlanta retail market average of about 7.1%. Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Atlanta?
About 7.1% as of Q1 2026, per Consensus.
Is the Atlanta retail market tightening or softening?
Vacancy is around 4.5% (Q1 2026).

Unified Estimate

Medium Confidence

$146.77/SF – $198.57/SF

Mid: $172.67/SF

Rate estimator only; cost-of-business estimate unavailable.

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