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28718341
28718340

4 Locations

JS
GA GA 400324
Rise Property Group
JC
GA 342994
Rise Property Group
Listed by Rise Property Group
$31,900,000
7 days on market
Updated 7 days ago

Four-Property Office Portfolio

Details
APN 13075A A003, 13075A A002, 13075A A004
Property Type Office
Sub Type Executive Office
Square Footage 154,509
Cap Rate 7.00%
NOI $2,218,705
Occupancy 98.3%
Tenancy Multi
Brand/Tenant Old Republic Aerospace, Inc. (+15)
Lease Type Modified
Rent Bumps Yes
Class A
Year Built 1988, 1989 & 1999
Acreage 16.920
Zoning HI (Heavy Industrial), GB (General Business District), LI (Light Industrial)

Stabilized 4-Office Portfolio | 154,509 SqFt

Marketing description

This four-property office portfolio offers investors a rare opportunity to acquire a fully stabilized, airport-centric assemblage strategically positioned in two of Georgia’s most dynamic submarkets. Located adjacent to Hartsfield-Jackson Atlanta International Airport and Cobb County International Airport, these assets benefit from enduring demand drivers tied to aviation, logistics, and government operations. The portfolio’s tenancy is anchored by nationally recognized credit tenants, including Old Republic Aerospace, Atlanta Technical College, and Quanta Services subsidiaries, ensuring durable cash flow and long-term stability.

Each property features efficient single-story construction with flexible layouts, abundant parking, and surplus land for future expansion or adaptive reuse. With zoning that accommodates industrial and business uses, the portfolio offers redevelopment optionality in a market where such configurations are increasingly scarce. Immediate connectivity to I-75, I-85, and I-285 positions these assets at the heart of Atlanta’s transportation network, enhancing accessibility for tenants and reinforcing long-term value.

Contracted 2026 NOI of $2.223 million, coupled with standard annual rent escalations, underscores the portfolio’s strong income profile. This is a compelling investment for buyers seeking institutional-quality assets with mission-critical locations and proven tenant durability.

503 Oak Place:

Five-tenant stabilized, 93% occupied office building home to credit tenants that support projects & infrastructure within the Atlanta Airport.

445 South Atlanta:

Six-tenant stabilized, 100% occupied office building home to credit tenants that support projects & infrastructure within the Atlanta Airport.

485 South Atlanta:

A fully stabilized office building that is 100% leased by Georgia State Properties Commission, with occupying tenants being Department of Human Services & Atlanta Technical College

2035 Vaughn Road:

Single-tenant stabilized, 100% occupied office building home to Old Republic Aerospace. A leading aviation insurance provider and subsidiary of Old Republic International Corporation, one of the nation’s largest publicly held insurance organizations.

Investment highlights

  • Highly Stabilized Portfolio: 98.3% Leased across four buildings totaling 154,509 SF, providing immediate, durable cash flow.

  • Strong 2026 Contracted NOI of $2,231,838.79: supported by standard 3% annual rent increases across tenants.

  • Mission-Critical Locations near Hartsfield-Jackson Atlanta International Airport and Cobb County International Airport: attracting aviation, logistics, government, and infrastructure-related tenants

  • Credit-Rich Tenant Base including State of Georgia (DFCS, ATC), Old Republic (NYSE: ORI), Quanta Services (NYSE: PWR): subsidiaries, and other established national/regional operators

  • Long Weighted Average Lease Term (WALT) – 4.6 Years: delivering predictable income stability

  • Diversified Tenant Mix: spanning aviation insurance, utilities engineering, logistics, government services, technical education, and community agencies

  • Single-Story Office With Industrial Flex Characteristics: including loading docks, fleet capability, and future conversion optionality

  • Superior Parking Ratios & Expansion Capability, with excess land and surplus parking that allows for future building additions, adaptive reuse, or densification

  • Irreplaceable Proximity to Major Corporate & Logistics Anchors: such as FedEx Ground, Prologis, Lineage Logistics, and Volkswagen/Audi training facility

  • Flexible Property Management Transfer: portfolio may be acquired with or without existing management, offering seamless operations or investor control

Listing Contacts

JS
GA GA 400324
Rise Property Group
JC
GA 342994
Rise Property Group
Listed by Rise Property Group

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$2,218,704.58
$184,892.05/mo

Valuation Metrics

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DSCR
6.96%
Cap Rate
6.96%
ROI

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Additional Information

Name
Jared Siegel
License
GA 400324
Brokerage Phone
(404) 500-8961
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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