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28350528
28350529

1500 Oglethorpe Ave #3600, Athens, GA 30606 For Sale

JP
GA 354579
Atlas Real Estate Advisors
Listed by Atlas Real Estate Advisors
$1,100,000
245 days on market
Updated 0 days ago

Fully Leased Medical Office Athens, GA

Details
APN 113025P
Property Type Office
Sub Type Medical Office
Square Footage 2,936
Units 1
NOI $65,232
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 02/28/2028
Remaining Term 1.6
Rent Bumps Yes
Lease Options TWO (5) YEAR
Price per SqFt $375
Broker Co-Op Yes
Class B
Year Built 2006
Buildings 1
Stories 2
Zoning C-N
Investment Type Stabilized
Lease Commencement 03/01/2023

Investment Opportunity-Long Term Corporate Tenant

Marketing description

500 Oglethorpe Ave. Unit 3600 offers a strong, stable investment opportunity within the well-established Resource Medical Office Park in Athens, GA. This fully leased medical office suite is occupied by Piedmont Endocrinology, a long-term corporate tenant with two remaining 5 year options, providing dependable income and security for investors seeking a low-maintenance, income-producing asset.

Located just off Loop 10 and less than two miles from both Piedmont Athens Regional and St. Mary’s Hospital, the property benefits from exceptional accessibility and proximity to Athens’ key healthcare anchors. The Resource Medical Office Park is home to a mix of reputable medical and professional tenants, creating a strong ecosystem for long-term occupancy and sustained demand.

Investment highlights

Income Generating Asset

Long-term Corporate Tenant

Two (5) year Options Remaining

Well Established Medical Office Park

Listing Contacts

JP
GA 354579
Atlas Real Estate Advisors
Listed by Atlas Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$65,232.00
$5,436.00/mo

Valuation Metrics

0
DSCR
5.93%
Cap Rate
5.93%
ROI

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Additional Information

Name
Jim Purcell
License
354579
Brokerage
Atlas Real Estate Advisors
Brokerage Phone
7065340385
Title
Real Estate Salesperson
Brokerage Address
1091 Founders Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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