Listed by Lee & Associates - Atlanta
$3,100,000
5462 Memorial Drive
Details
Property Type Office
Sub Type Medical Office
Net Rentable (SqFt) 14,466
Cap Rate 7.90%
NOI $245,191
Occupancy 92%
Tenancy Multi
Brand/Tenant Emory, Atlanta Dental
Lease Options One 5-year option, Two 3-year options
Class B
Year Built 1987
Buildings 1
Stories 2
Acreage 1.880
Office | 7.90% CAP
Marketing description
14,466 SF of Medical/Office Space Available For Sale in Stone Mountain, GA.
Located in Stone Mountain just 2 miles from I-285.
Investment highlights
- Price: $3,100,000
- Address: 5462 memorial drive stone mountain, ga 30083
- County: Dekalb
- Building area: 14,466
- Land area: 1.88 acres
- Year built: 1987
- RBA: 14,466 sf
- Occupancy: 92%
- Floors: two
- Use: medical/office
- Tenants: Emory, Atlanta dental, GA harm reduction, and experience spa
- NOI: $245,191
- Cap rate: 7.9% cap
Listing Contacts
Listed by Lee & Associates - Atlanta
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$245,191.00
$20,432.58/mo
Valuation Metrics
0
DSCR
7.91%
Cap Rate
7.91%
ROI
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