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Station Loft Works 12461 Veterans Memorial Hwy 14,000 SF 100% Leased Office Building Douglasville, GA 30134 $2,250,000 ($160.71/SF)
Investment Highlights
- Excellent connectivity near I-20 with convenient access to Atlanta and Hartsfield-Jackson International Airport.
- Situated in the Historic Downtown Business District within walking distance to Town Green,
Executive Summary
Station Loft Works presents a unique multi-tenant office investment opportunity in the heart of Douglasville, Georgia. This 15,000 SF property, situated on a 1.2-acre parcel, has been thoughtfully converted into a dynamic co-working environment designed to serve professionals, entrepreneurs, start-ups, and small businesses. The property features 74 individual offices, a separate 1,000 SF building, multiple conference rooms, and includes $75,000 worth of furniture, offering immediate operational capability for an investor or owner-user.
The asset is equipped with desirable amenities such as a controlled access fenced lot, high ceilings, abundant natural light, partitioned offices, and a security system. On-site property management and reception services further enhance the functionality and appeal of the space. Its location within the Historic Downtown Business District provides tenants with walkable access to the new Town Green and Amphitheater, Chamber of Commerce, City Hall, Douglasville Convention Center, and a variety of dining and retail options.
Strategically positioned near Interstate 20, the property offers excellent connectivity to Atlanta and Hartsfield-Jackson International Airport, making it an attractive option for businesses seeking accessibility and convenience. This offering combines stable income potential with long-term value in a growing market, making it a compelling acquisition for investors focused on multi-tenant office assets.
The asset is equipped with desirable amenities such as a controlled access fenced lot, high ceilings, abundant natural light, partitioned offices, and a security system. On-site property management and reception services further enhance the functionality and appeal of the space. Its location within the Historic Downtown Business District provides tenants with walkable access to the new Town Green and Amphitheater, Chamber of Commerce, City Hall, Douglasville Convention Center, and a variety of dining and retail options.
Strategically positioned near Interstate 20, the property offers excellent connectivity to Atlanta and Hartsfield-Jackson International Airport, making it an attractive option for businesses seeking accessibility and convenience. This offering combines stable income potential with long-term value in a growing market, making it a compelling acquisition for investors focused on multi-tenant office assets.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
14,000 SF
Building Class
B
Year Built/Renovated
1946/2014
Price
$2,250,000
Price Per SF
$160.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.27
Lot Size
1.20 AC
Zoning
GCB - General Business
Parking
30 Spaces (2.14 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Fenced Lot
- Property Manager on Site
- Security System
- High Ceilings
- Natural Light
- Partitioned Offices
- Plug & Play
- Reception
- Wi-Fi
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0016-01-5-B-00008 | Improvements Assessment | $375,360 |
| Land Assessment | $77,440 | Total Assessment | $452,800 |
Property Taxes
Parcel Number
0016-01-5-B-00008
Land Assessment
$77,440
Improvements Assessment
$375,360
Total Assessment
$452,800
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Station Loft Works | 12461 Veterans Memorial Hwy
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