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DaVita - Atlanta, GA 418 Decatur St SE 11,040 SF Office Building Atlanta, GA 30312 $6,780,821 CAD ($614.20 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Lease: Over 9 years remaining on a Modified Triple Net Lease with 10% rent bumps every 5 years.
- Healthcare Cluster: Surrounded by major providers including Grady Memorial Hospital (0.6 miles), Mercy Care (0.2 miles), and more!
- Transit Connectivity: Directly across from the King Memorial MARTA Station, with Blue and Green line service spanning nearly 30 miles across Atlanta.
- Affordable Housing Base: Multiple subsidized and mixed-income communities nearby, including Thrive Sweet Auburn (117 units, 30–80% AMI), and more!
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively present for sale the 11,040 SF DaVita located at 418 Decatur St SE in Atlanta, GA. This offering features over 9 years remaining on a Modified Triple Net Lease with 10% rent increases every 5 years, providing a stable, long-term investment with strong upside potential.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
11,040 SF
Building Class
C
Year Built/Renovated
1989/2008
Price
$6,780,821 CAD
Price Per SF
$614.20 CAD
Cap Rate
5.75%
NOI
$389,897 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,040 SF
Building FAR
0.27
Lot Size
0.94 AC
Opportunity Zone
Yes
Zoning
I1 - Medical Building
Parking
36 Spaces (3.26 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- DaVita
- Health Care and Social Assistance
- 11,040 SF
- $35.32 CAD
- Modified Gross
- Feb 2035
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| DaVita | Health Care and Social Assistance | 11,040 SF | $35.32 CAD | Modified Gross | Feb 2035 |
1 1
Walk Score®
Very Walkable (71)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 14-0045-0006-015-0 | Improvements Assessment | $639,023 CAD |
| Land Assessment | $1,035,770 CAD | Total Assessment | $1,674,792 CAD |
PROPERTY TAXES
Parcel Number
14-0045-0006-015-0
Land Assessment
$1,035,770 CAD
Improvements Assessment
$639,023 CAD
Total Assessment
$1,674,792 CAD
CONTACTS
-
Benjamin Brigham -
Adam Scherr -
Elan Sieder -
Andrew Ackerman -
Sands Investment Group Santa Monica, LLC
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DaVita - Atlanta, GA | 418 Decatur St SE
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