4540 MEMORIAL DR Decatur GA 30032-1499

Ackerman & Co. is pleased to exclusively present for sale the Memorial Medical Office Park and Billboard located in Decatur, GA, uniquely positioned at the northeast quadrant of Memorial Drive and Interstate I-285. The offering contains four buildings with approx. 27,324 SF and a highly visible two-sided billboard on I-285 with nearly 200,000 VPD and over 42,000 VPD on Memorial Drive. The tenant, Genesis Alliance for Mental Wellness has expanded at the office park since 2007. Genesis Alliance for Mental Wellness recently extended the lease through December 2030.

The billboard has a lease that can be terminated, providing a Buyer control over the signage and usage.

The Property is located at the northeast corner of Memorial Drive and Interstate I-285, adjacent to the Memorial Drive Shopping Center and fronts the entrance ramp onto Interstate I-285. It is also directly across the street from the DeKalb County government complex.

• Single-Tenant Medical Office Campus for long-term tenant, Genesis Alliance for Mental Wellness, LLC, with recent extension to 2030

• Approx 3% annual rental rate escalations – Upside to protect against inflation and appreciation in value

• CAPex Items have been completed with newer roofs, brand new parking lot, curb and gutter/striping, two new HVAC RTUs, and completely renovated interior of Building B

• Double sided billboard along I-285, which carries over 200,000 vpd

• Strategically located at the northeast corner of Memorial Drive and Interstate I-285, adjacent to the Memorial Drive Shopping Center and fronts the entrance ramp onto I-285

• Landlord Redevelopment Clause, allows for redevelopment in the future.