Listed by Lee & Associates - Atlanta
Unpriced
38 W Derenne Avenue
Details
Property Type Office
Sub Type Medical Office
Square Footage 8,000
Class B
Year Built 1995
Parking Spaces 20 spaces
Parking Per SqFt 2.50
Investment Type Owner/User
Office | 8,000 SqFt
Marketing description
Located along W Derenne Ave & the entry to Interstate 516 this offers a prime opportunity for
medical office user seeking a prime, build-to-suit space. The building features excellent highway
frontage, strong visibility, and ample on-site parking for patients and staff. Just around the corner
from St. Joseph Candler Hospital and Memorial Hospital.
Investment highlights
- 8,000 Sf
- Class B Steel Structure With Bathroom & Kitchen
- 20 Parking Spaces
- Retail or Medical Flexibility
- Tenant Controls Build-out
- Traffic Count: 63,172 VPD
- Lease Rate: $32.51/sf
- Monthly Installment Base Rent: $21,671.60
- Annual Base Rent: $260,059.20
- Lease: 01/25/2025 - 06/30/2040
- 15-year Lease Intact to CVS Providing Stable Income - Space Will Remain “dark”, So Owner/user or a Developer Can Collect Rent While Permitting
Listing Contacts
Listed by Lee & Associates - Atlanta
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
