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32377453
32377486

4 LENOX POINTE NE, ATLANTA, GA 30324-3399 For Sale

DM
GA 395860
Graham & Arthur, LLC
Listed by Graham & Arthur, LLC
$895,000
78 days on market
Updated 12 days ago

4 Lenox Pointe - Two-story Office (2,960) - Town House

Details
APN 17 000600040020
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 2,960
Units 10
Cap Rate 4.02%
NOI $36,000
Occupancy 50%
Tenancy Multi
Lease Type Modified
Rent Bumps No
Class B
Year Built 1985
Year Renovated 2020
Buildings 1
Stories 1
Lot Size (SqFt) 7,665
Zoning OI
Tenant Credit Credit Rated

Turnkey Two-Story Office / Income-Producing Owner-User Opportunity

Marketing description

OVERVIEW - 4 Lenox Pointe

4 Lenox Pointe presents a rare opportunity to acquire a polished, townhouse-style office building in one of Atlanta's most coveted professional submarkets. With 2,960 total square feet spread across two thoughtfully appointed floors — plus a generous bonus walk-up attic — this property pairs the prestige of a Buckhead address with the privacy and functionality of a freestanding two-story office, a configuration seldom available on the open market.

The seller, a long-tenured Atlanta law firm, will deliver the 1,480 SF lower level vacant at closing, allowing an incoming professional, firm, or owner-occupier to step directly into a turnkey, high-image office environment. The downstairs suite features four private offices, a large open work area, a dedicated conference/executive office, and three restrooms — an ideal layout for a growing legal, financial, medical, or consulting practice.

The 1,480 SF upper level is occupied by Girardot & LaRose, PC, a stable professional tenant on a month-to-month basis paying $3,000/month, who has expressed a strong desire to remain. The upstairs is configured with four private offices, a large conference room, a generous open reception/work area, and two restrooms. This rental income meaningfully offsets the cost of ownership from day one — and the month-to-month structure preserves the owner-user's flexibility to expand into the upper level whenever business growth calls for it.

A shared first-floor lobby entrance and downstairs kitchen/break room create a professional, collegial environment without compromising the privacy of either tenancy.

THE OWNER-USER ADVANTAGE

For a professional firm seeking a Buckhead headquarters, 4 Lenox Pointe offers something most owner-user buyers cannot find on the market today:

  • A prestige address that elevates client perception
  • A turnkey, vacant-at-closing downstairs suite ready for immediate occupancy
  • A paying upstairs tenant whose rent offsets ownership costs from day one
  • Maximum flexibility to expand into the upper floor as the business grows

This is a true "occupy your investment" play in one of Atlanta's most competitive professional markets.

Investment highlights

HIGHLIGHTS - 4 Lenox Pointe

  • Premier Buckhead address — minutes from Lenox Square, Phipps Plaza, GA-400, and the Lenox MARTA Station
  • Distinctive townhouse-style configuration — two private floors totaling 2,960 SF (1,480 SF per floor), an architectural format rarely available in this submarket
  • Owner-user ready — seller's law firm will vacate the entire 1,480 SF downstairs suite at closing
  • Income in place — established upstairs professional tenant currently paying $3,000/month and wishes to remain (month-to-month, providing maximum flexibility for an owner-user)
  • Turnkey condition — fresh paint and new LVP flooring throughout (within last 5 years), 9' ceilings, AT&T fiber available, security system, smoke alarms, no known deferred maintenance
  • Bonus full third-floor walk-up storage attic with full stair access
  • Plentiful unreserved parking in well-maintained, association-managed common areas
  • Zoned OI (Office/Institutional) — flexible for legal, medical, financial, design, consulting, executive-suite, and other professional uses

Listing Contacts

DM
GA 395860
Graham & Arthur, LLC
Listed by Graham & Arthur, LLC

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Loan Amount
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Annual Cash Flow
$36,000.00
$3,000.00/mo

Valuation Metrics

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DSCR
4.02%
Cap Rate
4.02%
ROI

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