2695 Buford Hwy NE
Brookhaven, GA 30324
Grady Memorial (Brookhaven) · Office Property For Sale

RTP Capital Advisors is pleased to present Grady Memorial (Brookhaven), a two-story medical facility leased by Grady Health System, one of the largest public health systems in the nation. Located on Buford Highway NE, a busy corridor that becomes part of Interstate 85 (159,000 VPD), Grady Memorial (Brookhaven)’s lease has 10+ years remaining and features 2.50% annual increases. Buford Highway NE / Interstate 85 runs directly into downtown Atlanta and is also a major north-south thoroughfare for the entire area. Route 400 is also nearby, allowing easy access to the highly affluent Buckhead area, featuring its own city center, two of the most prestigious malls in the region, Lenox Square and Phipps Plaza, a Mandarin Oriental, a St. Regis, and many more luxurious hotels and retailers. Buckhead is also known for its many desirable and affluent residential areas, including the Paces and Arden-Habersham neighborhoods. Within a three-mile radius, three of the city’s major hospitals can be found as well as the Center for Disease Control and Prevention’s headquarters, making this area of Atlanta a major medical district. A short drive away from the subject property is the Children’s Center for Advanced Pediatrics, currently under construction and part of a planned $1 billion medical campus. In addition, Emory University currently houses multiple medical offices in the nearby Executive Park and has recently acquired an additional 60 acres for future development. Grady Memorial (Brookhaven) offers investors the opportunity to acquire an asset with 2.50% annual increases near Interstate 85 and just minutes from the highly affluent Buckhead area. In addition, the demand for quality medical services continues to be ever increasing with population growth in both thriving and declining economies. We are pleased to offer this investment opportunity for $6,716,000 at a 5.41% cap rate.