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2981 Church St 12,857 SF 100% Leased Office Building East Point, GA 30344 $549,000 ($42.70/SF) 8% Cap Rate
Executive Summary
This is a massive 2 story, 12,857 sq. ft multi-suite office building located in the historic East Point area. Previously used as a medical office and day care facility, this property has a flexible floorplan to fit whatever need is desired. This commercial property is sold as-is with a new roof! With some repairs and renovations this property will thrive! This location offers easy access to main roads, highways, and is less than ten minutes from the Hartsfield-Jackson Atlanta Airport Downtown Atlanta, the Beltline, Marta is around the corner, . This is a rare opportunity to purchase an office property in an amazing location. Don’t miss out! You will not find this size building and lot for this price!!!
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
12,857 SF
Building Class
C
Year Built
1972
Price
$549,000
Price Per SF
$42.70
Cap Rate
8%
NOI
$43,920
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,429 SF
Slab To Slab
10’
Building FAR
0.48
Lot Size
0.62 AC
Zoning
CR, East Point - Office Building
Parking
37 Spaces (3.27 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Convenience Store
- Dry Cleaner
- Restaurant
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Creative Corporate Marketing, Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Creative Corporate Marketing, Inc | Professional, Scientific, and Technical Services | - | - | - |
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Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 14-0157-0014-018-8 | Improvements Assessment | $210,640 |
| Land Assessment | $84,800 | Total Assessment | $295,440 |
Property Taxes
Parcel Number
14-0157-0014-018-8
Land Assessment
$84,800
Improvements Assessment
$210,640
Total Assessment
$295,440
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Presented by
Franklin Properties LLC
2981 Church St
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