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Memorial Medical Office Park 4 Office Properties Offered at $4,220,480 CAD in Decatur, GA
INVESTMENT HIGHLIGHTS
- Single-Tenant Medical Office Campus for long-term tenant, Genesis Alliance for Mental Wellness, LLC, with recent extension to 2030
- CAPex items have been completed over the last 5 years: Roof, Parking Lot, HVAC RTU’s, Interior Bld B
- Strategically located at the northeast corner of Memorial Drive and I-285
- Approximately 3.0% annual rental rate escalations – upside to protect against inflation
- Additional income from billboard, which is visible to 200,000 vehicles per day along I-285
EXECUTIVE SUMMARY
Uniquely positioned at the northeast quadrant of Memorial Drive and Interstate I-285.
Four buildings totaling 27,324 SF
Highly visible two-sided billboard on I-285 with nearly 200,000 VPD and over 42,000 VPD on Memorial Drive.
Tenant Genesis Alliance for Mental Wellness has expanded at the office park since 2007 and recently extended the lease through December 2030.
The billboard has a lease that can be terminated, providing a buyer control over the signage and usage.
Four buildings totaling 27,324 SF
Highly visible two-sided billboard on I-285 with nearly 200,000 VPD and over 42,000 VPD on Memorial Drive.
Tenant Genesis Alliance for Mental Wellness has expanded at the office park since 2007 and recently extended the lease through December 2030.
The billboard has a lease that can be terminated, providing a buyer control over the signage and usage.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $4,220,480 CAD | Number of Properties | 4 |
| Price / SF | $153.76 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.15% | Total Building Size | 27,448 SF |
| Sale Type | Investment | Total Land Area | 16.00 AC |
| Status | Active |
| Price | $4,220,480 CAD |
| Price / SF | $153.76 CAD / SF |
| Cap Rate | 8.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 27,448 SF |
| Total Land Area | 16.00 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg A
4540 Memorial Dr, Decatur, GA 30032 |
Office | 8,100 SF | 1974 | - |
|
Bldg D - Perimeter Office Park
4542 Memorial Dr, Decatur, GA 30032 |
Office | 7,124 SF | 1974 | - |
|
Bldg C - Perimeter Office Park
4544 Memorial Dr, Decatur, GA 30032 |
Office | 7,124 SF | 1974 | - |
|
Bldg B - Perimeter Office Park
4540 Memorial Dr, Decatur, GA 30032 |
Office | 5,100 SF | 1974 | - |
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Memorial Medical Office Park
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