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Phase I 4480 N Cooper Lake Rd 14,492 SF 100% Leased Office Building Smyrna, GA 30082 $4,995,000 ($344.67/SF) 6.46% Cap Rate
Investment Highlights
- 100% occupied Medical Office investment with 100% Medical tenants
- 5 miles away from WellStar Hospital and 3 miles away from WellStar Vinings Health Park
- Ample parking (4.5/1,000 SF)
- One of the top WellStar locations in Atlanta
- Fully renovated with Class A quality in 2019 with brand new HVAC systems
- Frontage on East-West Connector
Executive Summary
BellStreet is proud to introduce 4480 N Cooper Lake Rd, a unique and exceptional investment opportunity in the thriving market of Smyrna, GA. This exquisite medical office property offers not only a strategically advantageous location, but also a beautiful and functional, Class-A quality space designed to cater to the needs of healthcare professionals and their patients. With its modern design, convenient accessibility, and proximity to key institutions, this property represents a prime opportunity for those looking to capitalize on the growing demand for medical office assets in Smyrna.
Notable highlights:
- 100% occupied Medical Office investment
- 100% medical tenants
- One of the top WellStar locations in Atlanta
- 5 miles away from WellStar Hospital
- 3 miles away from WellStar Vinings Health Park
- Renovated with Class A quality in 2019
- Brand new HVAC systems installed in December, 2023
- New automation system installed in December, 2023
- Roof renovation coming in 2024
- Ample parking (5/1,000 SF)
- Frontage on East-West Connector
Notable highlights:
- 100% occupied Medical Office investment
- 100% medical tenants
- One of the top WellStar locations in Atlanta
- 5 miles away from WellStar Hospital
- 3 miles away from WellStar Vinings Health Park
- Renovated with Class A quality in 2019
- Brand new HVAC systems installed in December, 2023
- New automation system installed in December, 2023
- Roof renovation coming in 2024
- Ample parking (5/1,000 SF)
- Frontage on East-West Connector
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,492 SF
Building Class
B
Year Built
2007
Price
$4,995,000
Price Per SF
$344.67
Cap Rate
6.46%
NOI
$322,579
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,246 SF
Slab To Slab
14’
Building FAR
0.26
Lot Size
1.28 AC
Zoning
O&I - Office Institution
Parking
72 Spaces (4.97 Spaces per 1,000 SF Leased)
Amenities
- Day Care
- Signage
- Wheelchair Accessible
Property Taxes
| Parcel Number | 17-0404-0-004-0 | Improvements Assessment | $900,020 |
| Land Assessment | $411,140 | Total Assessment | $1,311,160 |
Property Taxes
Parcel Number
17-0404-0-004-0
Land Assessment
$411,140
Improvements Assessment
$900,020
Total Assessment
$1,311,160
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Phase I | 4480 N Cooper Lake Rd
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