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1117 Perimeter Ctr
Sandy Springs, GA 30338
Eleven17 · Office Property For Sale
INVESTMENT HIGHLIGHTS
- The building's strategic location near I-285, GA-400, and the Sandy Springs Marta Station offers unparalleled accessibility.
- Experience luxury, productivity, and play in lush tropical landscapes with serene water features, multi-functional decks, and inspiring spaces.
- The property boasts state-of-the-art conference and fitness rooms, top-tier data connectivity, and versatile amenity spaces.
- Seize the opportunity to immerse business in fully furnished, plug-and-play ready office space and the potential for immediate occupancy.
EXECUTIVE SUMMARY
Sutton Investment Property Group is pleased to present ELEVEN17, a fully entitled 13.26-acre transit-oriented development (TOD) site located in the heart of Sandy Springs, Georgia. Situated within the highly active Central Perimeter district—Atlanta’s largest office submarket—the site offers a rare opportunity to deliver a large-scale, mixed-use development with direct access to MARTA’s Sandy Springs Station.
The Property is currently improved with an approximately 420,000-square foot, five-story, six-sided office building. Future redevelopment plans include the conversion of the building’s ground and second floors into retail, restaurant, and service space, activating a walkable, mixed-use streetscape. A structured parking facility lined with additional retail will support five planned 35-story towers: two office, two multifamily, and two for-sale condominium towers, delivering a high-density, multi-phase project at the core of the Central Perimeter district.
The Property is currently improved with an approximately 420,000-square foot, five-story, six-sided office building. Future redevelopment plans include the conversion of the building’s ground and second floors into retail, restaurant, and service space, activating a walkable, mixed-use streetscape. A structured parking facility lined with additional retail will support five planned 35-story towers: two office, two multifamily, and two for-sale condominium towers, delivering a high-density, multi-phase project at the core of the Central Perimeter district.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
420,000 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
1985
Percent Leased
58%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
84,000 SF
Building FAR
0.73
Lot Size
13.26 AC
Zoning
OIC - PX-20/35 (Perimeter Mixed Use)
Parking
1,163 Spaces (2.77 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Courtyard
- Fitness Center
- Metro/Subway
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Atrium
- Secure Storage
- Wi-Fi
- Monument Signage
- Outdoor Seating
- On-Site Security Staff
PROPERTY TAXES
| Parcel Number | 17-0019-LL-111-9 | Improvements Assessment | $17,675,480 |
| Land Assessment | $5,224,520 | Total Assessment | $22,900,000 |
PROPERTY TAXES
Parcel Number
17-0019-LL-111-9
Land Assessment
$5,224,520
Improvements Assessment
$17,675,480
Total Assessment
$22,900,000
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