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t r a n s l a t e

Single Tenant NNN Medical Investment | 6% Cap Rate | Prime Metro Atlanta Infill Location

2774 N Decatur Road
Decatur, GA 30033
PRICE : $2,800,000
PROPERTY TYPE: Office
SITE SIZE: 0.88 Acres
BUILDING SIZE: 9,800 SF
YEAR BUILT: 1969

Highlights

  • Strong medical tenant with multiple locations across the country
  • Across from Emory Decatur Hospital (DeKalb Medical Center)
  • Excellent visibility and signage
  • Proven operator with 22 years history in this location
  • Excellent financials with an estimated 6% cap rate
  • Flagship location for American Health Imaging
  • Barriers to entry for tenant (Certificate of Need State) and costly for tenant to move. Limited location options.
  • NNN Medical Lease= recession resistant tenant
  • Highly sought-after N Decatur location surrounded by new developments (Marriott International site next door, Whole Foods, Tesla Dealership, etc.)

Description

Rare opportunity to purchase this recession-resistant, long-term leased, medical investment property in an excellent infill Atlanta location, across from Emory Decatur Hospital with high barriers to entry in the immediate area. The current tenant, a strong, successful imaging business with multiple locations throughout the country, has been operating in this location since 1998 and just executed a new 7-year renewal. Current net lease structure allows for ease of ownership with Landlord responsible for roof and structure only.

*Parking lot is in process of being resurfaced and expanded.

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