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833 Hurricane Shoals Rd 12,000 SF Office Building Lawrenceville, GA 30043 $4,051,828 ($337.65/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Absolute NNN Lease
- Established Medical Corridor
- Dense, Affluent Demographics
- Growing Autism & Behavioral Health Industry
- Excellent Access & Visibility
EXECUTIVE SUMMARY
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in Atlanta Autism Center, located in Lawrenceville, GA (“the Property”). The Property consists of a 12,000-square-foot freestanding medical office building situated on a 2.44-acre parcel of land. The tenant is operating under a long-term absolute NNN lease with eleven years and nine months of lease term remaining, featuring rare three (3%) percent annual rental increases throughout the term, providing a significant hedge against inflation. See lease abstract for details.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
12,000 SF
Building Class
B
Year Built
2006
Price
$4,051,828
Price Per SF
$337.65
Cap Rate
7%
NOI
$283,628
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,000 SF
Building FAR
0.11
Lot Size
2.44 AC
Zoning
C2
AMENITIES
- Security System
- Kitchen
- Car Charging Station
- Central Heating
- Natural Light
- Reception
- Outdoor Seating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 5-208-062 | Improvements Assessment | $801,640 |
| Land Assessment | $264,000 | Total Assessment | $1,065,640 |
PROPERTY TAXES
Parcel Number
5-208-062
Land Assessment
$264,000
Improvements Assessment
$801,640
Total Assessment
$1,065,640
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833 Hurricane Shoals Rd
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