The location of commercial real estate is one of the most important factors to consider when investing in the industry. The proximity to major highways and transportation routes can significantly impact the success and profitability of a property. In the Atlanta, Georgia area, the I-85 South corridor is a particularly attractive location for commercial real estate investment. Here are some reasons why:
Accessibility:
The I-85 South corridor offers easy access to downtown Atlanta and several other key areas in the metro region, making it a convenient location for businesses and employees. This makes it easier for companies to reach their target market and for employees to get to work.
Growing population:
The population of the Atlanta metro area continues to grow, and the I-85 South corridor is no exception. This growth in population means there is an increasing demand for commercial properties in the area.
Strong Economy:
The I-85 South corridor is home to many major corporations and businesses, including Coca-Cola, Delta Air Lines, and Home Depot. This strong corporate presence drives economic growth in the area and creates a robust market for commercial real estate investment.
Redevelopment Efforts:
The City of Atlanta is focusing on revitalizing certain areas along the I-85 South corridor, such as the Georgia International Convention Center and Hartsfield-Jackson Atlanta International Airport. These efforts will lead to increased investment in the area, which will further boost the local economy and increase demand for commercial real estate.
Affordable Properties:
Compared to some other areas in the Atlanta metro region, commercial properties along the I-85 South corridor can often be more affordable for investors. This makes it an attractive option for those looking to invest in commercial real estate in the Atlanta area.
The I-85 South corridor in Atlanta, GA is a prime location for commercial real estate investment. With its accessibility, growing population, strong economy, redevelopment efforts, and affordable properties, it is a location that offers many opportunities for investment success.