PRICE : | $5,650,000 |
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PROPERTY TYPE: | Office |
SITE SIZE: | 3.82 Acres |
BUILDING SIZE: | 37,000 SF |
YEAR BUILT: | 1989 |
Bull Realty is pleased to present the opportunity to acquire a fully occupied ±37,000 SF small suite office park. The property is easily operated - like apartments with preset fixed suites without the pool, kitchen, pets, appliances, shower, kids. Great upside at a 6% cap rate on in place rents that are approximately 33% below market as demonstrated on pages 13, 14, 15, and 16. The property consists of 33 office suites ranging between 650 and 1,700 sq. ft. It is well located in one of the most prosperous counties in Georgia - average household income of $122,014. Home to 30 international companies, headquarters to many of those, and headquarters to many national companies.