Description

Cushman & Wakefield has been retained as the exclusive advisor for the sale of a single-tenant office building 100% leased to REMAX of Greater Atlanta. The offering represents an excellent opportunity for potential investors to own a well located office property situated in the heart of Atlanta' s suburban Dunwoody market. The building currently leased to Remax of Greater Atlanta through December 31, 2012, is located Dunwoody, Georgia.

The property serves as REMAX of Greater Atlanta' s headquarters and is situated on 1.38 acres on Chamblee Dunwoody Road in Dekalb County, Georgia. The property sits in a well-represented neighborhood with a wide variety of commercial uses including office, retail, and multifamily housing. The REMAX of Greater Atlanta' s headquarter building offers an investor an excellent opportunity to own a fully occupied facility, while realizing a stable return and a potential to increase value based on current market metrics.

The City of Dunwoody rests at the most northern tip of DeKalb County, bordered by Fulton County on the north and west, Interstate 285 to the south, and Gwinnett County on the northeast. Officially, the city limit extends to the DeKalb County line in the north. The subject property lies within Dunwoody Village, also known as downtown Dunwoody. The iconic area is typified by the Williamsburg-style architecture which originated with the construction of Dunwoody Village shopping center in the 1970s. Since that time, developers have followed suit and continued with the architectural tradition that is part of the character of the community. Traveling south approximately one mile from the subject property, you would locate Perimeter Mall, the 1.5 million square foot hub of activity for the area. Often coined as Perimeter Center or Central Perimeter, the area is home to Atlanta' s largest office market of approximately 23.5 million square feet, and is home to corporate or regional headquarters for companies such as Newell Rubbermaid, AIG, Compucredit, and Cox Communications.