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Johns Creek Office Building | Owner/User or Investment Opportunity

5825 Medlock Bridge Pkwy
Johns Creek, GA 30022
PRICE : $2,500,000
CAP RATE: 8.5%
PROPERTY TYPE: Office
SITE SIZE: 1.24 Acres
BUILDING SIZE: 13,775 SF
YEAR BUILT: 2004

Highlights

  • All-steel ± 13,775 SF office building in the affluent Johns Creek suburb of Atlanta
  • Tenant in-place with option to renew lease or vacate
  • Build-to-suit for current tenant in 2004
  • Projected 2022 NOI of $213,422 / Cap rate of 8.54%
  • Brick exterior and large windows
  • Upscale entrances on both sides of the building
  • One elevator
  • Open collaborative workspaces & private offices
  • Two double-height Partners' Suites
  • Break area and a training room
  • 33 surface parking spaces
  • All four HVACs have been replaced in the past couple of years. Original metal roof.

Description

5825 Medlock Bridge Road is a superbly-constructed, 2004-built, all-steel office building in the affluent Johns Creek suburb of Atlanta. Brick exterior and large windows highlight the exterior façade. Upscale entrances on both sides of the ± 13,775 SF building lead into a beautiful lobby area with stained concrete floors, wainscoted walls and an elevator. Open, collaborative workspaces in addition to private offices line the exterior of the building. Two striking, double-height ceiling Partners' Suites are on either side of the building. The third floor contains a spacious break area and a training room.

The current tenant, Relation Insurance, can either vacate the building shortly after consummation of a sale or continue leasing the building for a proposed and estimated $213,422 NOI.

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