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Corporate Headquarters Office 2135 American Industrial Way 35,500 SF Office Building Chamblee, GA 30341 $19,523,000 CAD ($549.94 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Leased to a well-known entity that is 85% owned by a Major U.S. Airline
- NNN Lease with 2.75% Annual Rent Increases
- Less than 2 Miles from PDK Airport | 2nd Busiest General Aviation Reliever Airport in the State of GA
- Building serves as tenant's Corporate HQ and Member operations center
- Located in Dekalb County's Fastest-Growing City | Chamblee, GA
- Atlanta MSA
Executive Summary
CBRE is pleased to exclusively offer for sale a 35,500 SF office leased to a corporate user that is 85% owned by a Major U.S. Airline. The building is occupied 24/7 by the tenant, and it serves as the company’s Corporate HQ & Member Operations Center. The tenant is subject to a NNN lease that commenced in 2023 and features ±8.3 years of primary term remaining with 2.75% annual rent increases throughout the initial term. The lease also includes two 5-year renewal options with rent initially set to FMV. The property is situated on 2.06 acres in Downtown Chamblee – a northeastern component of the Atlanta MSA (Population: 6.48M).
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
35,500 SF
Building Class
B
Year Built/Renovated
1964/2022
Price
$19,523,000 CAD
Price Per SF
$549.94 CAD
Cap Rate
7.50%
NOI
$1,464,225 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
35,500 SF
Building FAR
0.40
Lot Size
2.06 AC
Zoning
X - Commercial/Industrial
Amenities
- Outdoor Seating
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18-308-04-001 | Improvements Assessment | $913,971 CAD |
| Land Assessment | $447,372 CAD | Total Assessment | $1,361,343 CAD |
Property Taxes
Parcel Number
18-308-04-001
Land Assessment
$447,372 CAD
Improvements Assessment
$913,971 CAD
Total Assessment
$1,361,343 CAD
Contacts
-
Christopher Bosworth -
Cyrus Felfeli -
Brian Pfohl -
Ty Grenier -
Kaitlyn Wolf -
Leah Lindell -
Abby Kelly -
CBRE, Inc.
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Corporate Headquarters Office | 2135 American Industrial Way
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