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Douglasville Office | Meritage Centre | 8.7% Cap Rate

3400 Chapel Hill Rd
Douglasville, GA 30135
PRICE : $4,000,000
CAP RATE: 8.7%
PROPERTY TYPE: Office
SITE SIZE: 1.37 Acres
BUILDING SIZE: 24,000 SF
YEAR BUILT: 2007

Highlights

  • 24,000 SF office building in Douglasville, GA
  • Located in Chapel Hill, one of the best areas in Douglas County
  • Easily accessible to I-20 and Downtown Atlanta
  • Affluent community with average household income of + $130K within a one-mile radius
  • 96% occupied
  • Ample 3.6:1 parking ratio
  • Alliance Spine and Pain (member of Piedmont Clinic with 19 metro locations) tenant since 2011 with 4 years remaining on 7 year renewal term
  • Offered at 8.7% cap rate

Description

Bull Realty is delighted to offer the opportunity to acquire 3400 Chapel Hill Road, a 24,000 SF office building located in Douglasville, just 20 miles from Downtown Atlanta. This prestige building is located in Chapel Hill, one of the best areas in Douglas County.

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