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33340620
33340598

3505 DULUTH PARK LN, Building 300, DULUTH, GA 30096

DC
GA 356754
RE/MAX Center - The David Freeman Team
Listed by RE/MAX Center - The David Freeman Team
$1,400,000
1 day on market
Updated 1 day ago

3505 Duluth Park Ln, Building 300

Details
APN R6295-106
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 5,850
Units 12
Cap Rate 6.69%
NOI $93,616
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 06/30/2027
Rent Bumps Yes
Lease Options Two Options - Three Years Each
Price per SqFt $239
Class B
Year Built 2003
Buildings 1
Lot Size (SqFt) 58,370
Zoning C2
Parking Spaces per unit
Investment Type Stabilized
Lease Commencement 07/01/2010
Sale Condition N/A

Office Investment Sale in the City of Duluth

Marketing description

Single-tenant investment opportunity located in the City of Duluth, one of Gwinnett County's most desirable and business-friendly submarkets. Located minutes from Northside Duluth Hospital.

The property consists of approximately 5,850 square feet and is occupied by a long-term tenant that has successfully operated at the location since 2010. The existing lease provides stable cash flow with a remaining lease term through June 30, 2027, plus two (2) additional three-year renewal options.

The lease structure requires the tenant to pay real estate taxes and utilities, helping reduce ownership responsibilities and operating expenses. Ownership is responsible for building insurance and association dues.

Association dues provide coverage for common area maintenance items including parking lot maintenance, sidewalks, landscaping, trash service, and other common area expenses, creating a simplified ownership experience for investors.

This offering presents an attractive opportunity to acquire a stabilized office investment with an established tenant history, predictable income stream, and limited landlord responsibilities in a highly sought-after Northeast Atlanta location.

Investment highlights

Single-tenant investment opportunity located in the City of Duluth, one of Gwinnett County's most desirable and business-friendly submarkets. Located minutes form Northside Duluth Hospital.

The property consists of approximately 5,850 square feet and is occupied by a long-term tenant that has successfully operated at the location since 2010. The existing lease provides stable cash flow with a remaining lease term through June 30, 2027, plus two (2) additional three-year renewal options.

The lease structure requires the tenant to pay real estate taxes and utilities, helping reduce ownership responsibilities and operating expenses. Ownership is responsible for building insurance and association dues.

Association dues provide coverage for common area maintenance items including parking lot maintenance, sidewalks, landscaping, trash service, and other common area expenses, creating a simplified ownership experience for investors.

This offering presents an attractive opportunity to acquire a stabilized office investment with an established tenant history, predictable income stream, and limited landlord responsibilities in a highly sought-after Northeast Atlanta location.

Property Highlights

  • 5,850 SF office building
  • Located in Duluth, Georgia
  • Long-term tenant in place since 2010
  • Lease expiration: June 30, 2027
  • Two (2) three-year renewal options
  • Tenant pays taxes and utilities
  • Owner responsible for insurance and association dues
  • Association covers parking lot, sidewalks, landscaping, trash, and common area maintenance
  • Stable cash-flow investment opportunity
  • Strong Gwinnett County office location

Listing Contacts

DC
GA 356754
RE/MAX Center - The David Freeman Team
Listed by RE/MAX Center - The David Freeman Team

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$93,616.20
$7,801.35/mo

Valuation Metrics

0
DSCR
6.69%
Cap Rate
6.69%
ROI

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Additional Information

Name
Drew Curtin
License
356754
Brokerage
REMAX Center
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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