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McKenzie Office Suites 118-124 N McDonough St 12,633 SF 46% Leased Office Building Jonesboro, GA 30236 $3,015,738 CAD ($238.72 CAD/SF)
Investment Highlights
- • Located in the heart of downtown Jonesboro in the burgeoning Aerotropolis submarket. Steps from Clayton County courthouse as well as Jonesboro City.
- • Diversified rent roll with wide array of business sectors, including healthcare and medical office uses.
- • In-place executive suites model ideal for capturing market leasing demand, typically with minimal tenant improvement requirements.
Executive Summary
• Value-add investment opportunity with ability to lease-up remaining spaces and push rents or reposition asset to attract long-term users.
• Located in the heart of downtown Jonesboro in the burgeoning Aerotropolis submarket. Steps from Clayton County courthouse as well as Jonesboro City Center.
• In-place executive suites model ideal for capturing market leasing demand, typically with minimal tenant improvement requirements. Current management team open to staying on with new ownership.
• Diversified rent roll with wide array of business sectors, including healthcare and medical office uses.
• The property includes a vacant land parcel adjacent to the office buildings.
• Located in the heart of downtown Jonesboro in the burgeoning Aerotropolis submarket. Steps from Clayton County courthouse as well as Jonesboro City Center.
• In-place executive suites model ideal for capturing market leasing demand, typically with minimal tenant improvement requirements. Current management team open to staying on with new ownership.
• Diversified rent roll with wide array of business sectors, including healthcare and medical office uses.
• The property includes a vacant land parcel adjacent to the office buildings.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
12,633 SF
Building Class
C
Year Built
1970
Price
$3,015,738 CAD
Price Per SF
$238.72 CAD
Percent Leased
46%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,211 SF
Building FAR
0.43
Lot Size
0.67 AC
Zoning
H-1 - H-1 Historic District - City of Jonesboro
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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McKenzie Office Suites | 118-124 N McDonough St
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