thank you
Your email has been sent!
Spalding Medical Plaza
2 Office Properties Offered at $3,950,000 USD in Peachtree Corners, GA
Investment Highlights
- Two (2) Medical Office Buildings 100% Occupied By Strong Medical Tenants
- Affluent Peachtree Corners Location With an Avg HHHI Of $144,340 Within a 3- Mile Radius
- All Rooftop HVAC Units Replaced within Last 3 Years
- New Lease Recently Executed With Northside Hospital, Inc., an Atlanta-Based Hospital System
- New Roof Installed in 2019 with 15-Yr EverGuard TPO Roof Warranty
- Recently Installed Retaining Wall and Fencing
Executive Summary
DESIRABLE REAL ESTATE FUNDAMENTALS
Strategically located in Peachtree Corners, a dense & affluent northern suburb of Atlanta
Average household incomes between $138k – $144k within a 1, 3 & 5-mile radius
Strong daytime & permanent population counts:
Daytime: 7,053 (1-Mi), 90,244 (3-Mi) & 258,770 (5-Mi)
Permanent: 9,295 (1-Mi), 72,737 (3-Mi) & 216,093 (5-Mi)
Large parcel size of 1.83 acres
Ample surface level parking to accommodate ease of access
“Fort-like” construction with metal framing, all-brick exterior & concrete flooring between each story
Strong traffic counts of 21,200 VPD along Spalding Drive and just west of Holcomb Bridge Road (45,600 VPD)
RECENT CAPITAL IMPROVEMENTS
±$1 MM invested in capital improvements & buildouts
New roof installed on both buildings in 2019
15-Year Everguard TPO w/ warranty
All rooftop HVAC units replaced over last few years
13 units total
Newly built retaining wall & fencing installed
STRONG MEDICAL TENANTS
Stable & complimentary mix of medical tenants
Northside Hospital has over 500 locations in GA
Pediatric Partners of Gwinnett has 4 locations in GA
Tebo Dentistry for Kids has 11 locations in GA
Atlanta Autism Center has 5 locations in GA
WALT of 4.05 years
Annual rent bumps in all leases
Stabilized at 100% occupancy
ATLANTA ADVANTAGE
Atlanta metro has the 5th largest population in the US with 5.9+ million residents
30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000
16 ranked in the elite Fortune 500
Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development)
For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration
Major industries include financial services, technology and telecommunications
Forbes Rankings:
#13 Best Places for Business and Careers
#34 in Job Growth
#41 in Education
Strategically located in Peachtree Corners, a dense & affluent northern suburb of Atlanta
Average household incomes between $138k – $144k within a 1, 3 & 5-mile radius
Strong daytime & permanent population counts:
Daytime: 7,053 (1-Mi), 90,244 (3-Mi) & 258,770 (5-Mi)
Permanent: 9,295 (1-Mi), 72,737 (3-Mi) & 216,093 (5-Mi)
Large parcel size of 1.83 acres
Ample surface level parking to accommodate ease of access
“Fort-like” construction with metal framing, all-brick exterior & concrete flooring between each story
Strong traffic counts of 21,200 VPD along Spalding Drive and just west of Holcomb Bridge Road (45,600 VPD)
RECENT CAPITAL IMPROVEMENTS
±$1 MM invested in capital improvements & buildouts
New roof installed on both buildings in 2019
15-Year Everguard TPO w/ warranty
All rooftop HVAC units replaced over last few years
13 units total
Newly built retaining wall & fencing installed
STRONG MEDICAL TENANTS
Stable & complimentary mix of medical tenants
Northside Hospital has over 500 locations in GA
Pediatric Partners of Gwinnett has 4 locations in GA
Tebo Dentistry for Kids has 11 locations in GA
Atlanta Autism Center has 5 locations in GA
WALT of 4.05 years
Annual rent bumps in all leases
Stabilized at 100% occupancy
ATLANTA ADVANTAGE
Atlanta metro has the 5th largest population in the US with 5.9+ million residents
30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000
16 ranked in the elite Fortune 500
Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development)
For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration
Major industries include financial services, technology and telecommunications
Forbes Rankings:
#13 Best Places for Business and Careers
#34 in Job Growth
#41 in Education
Property Facts
| Price | $3,950,000 USD | Number of Properties | 2 |
| Price / SF | $189.74 USD / SF | Individually For Sale | 0 |
| Cap Rate | 7.19% | Total Building Size | 20,818 SF |
| Sale Type | Investment | Total Land Area | 3.66 AC |
| Status | Active |
| Price | $3,950,000 USD |
| Price / SF | $189.74 USD / SF |
| Cap Rate | 7.19% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,818 SF |
| Total Land Area | 3.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Spalding Plaza
6460 Spalding Dr, Peachtree Corners, GA 30092 |
Office | 10,614 SF | 1986 | - |
|
Spalding Plaza
6450 Spalding Dr, Peachtree Corners, GA 30092 |
Office | 10,204 SF | 1990 | - |
-
Brett Buchwald -
SK Commercial Realty LLC
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Spalding Medical Plaza
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.