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5700 HILLANDALE DR Lithonia GA 30058-4103

[Locked] • APN 16 056 01 003

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Details
Property Type Office
Sub Type Medical Office
Building SqFt 32,348
Lot SqFt 150,687
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code OI
Year Built 2006
Building Count 2
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Rate ******

Property History

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Property Type
Property Type
Office
Property Subtype
Medical Office
Marketing Description

Hillandale Medical Center is a multi-tenant medical office complex compromised of two (2) one-story buildings totaling 31,151 SF. This 93% leased opportunity sits adjacent to Emory Hillandale Hospital. Sitting on 11.4 acres allows for abundant parking with a ratio of 5.5 per thousand with six (6) clinical tenants including Northside Hospital and other national credit tenants.

Investment Highlights
  • Superior Location Adjacent to Emory Hillandale Hospital

  • Quality Medical Office Environment / Credit Tenancy

  • Exceptional Growth Area / Strong Demographics & Payer Mix

Activated On
10/15/2018 14:36:43
Sold Price
******
Buyer Borrower 1 Name
******
Seller 1 Name
******
Description
******
Marketing Description
******
Marketing Description Text
******
Investment Highlights
******
Remaining Term
******
Tenancy
******
Occupancy
******
Brokers
******
Lease Type
******
Sale Cap Rate
******
Sale Net Operating Income
******
Price/Sq Ft
******
Asking Price
******
Asking Cap Rate
******
Asking Price Per Square Foot
******
Days on Market
******
Brokerage(s)
******
Rent Bumps
******
Property Type
Property Type
Office
Property Subtype
Medical Office
Asking Details
Asking Cap Rate
******
Marketing Description
Highgate Partners is pleased to exclusively present the opportunity to acquire Hillandale Medical Center, a multi-tenanted, 31,151 square foot medical office building located in Atlanta, Georgia. Hillandale Medical Center is comprised of two single single-story medical buildings each totaling 15,575 SF and is leased to six tenants. The two medical office buildings were constructed in 2006 and 2008 and are 83% leased and combined have an average remaining lease term of roughly five (5) years.

Hillandale Medical Center offers a new investor both stability and growth, providing a steady cash flow throughout the hold period and additional upside through market rent growth. The tremendous condition of these buildings also limits exposure from a capital expenditure perspective.

A new investor is primed for in-place yield enhancement by leasing up the remaining vacancy in the building and increasing the occupancy to 100%.This asset is being offered free and clear of any existing debt

Investment Highlights
  • Superior Location Adjacent to Emory Hillandale Hospital
  • Quality Medical Office Environment / Credit Tenancy
  • Exceptional Growth Area / Strong Demographics and Payer Mix

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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OI CommercialOfficeOffice Institutional
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
AM
Andrew Murphy PRO
•••.•••.9303
•••rphy@••••••••••••••••.net
Brokerage logo
Sold on
 BY:
BT
Beau Terrell
•••.•••.0970
•••••••rell@••••••••••••••••.net
Brokerage logo

Map

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