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Investment Highlights
- 8.50% Cap Rate Medical Office Investment
- Long-Term Lease Through December 2030
- Recent Roof, HVAC & Parking Lot Improvements
- 100% Leased Single-Tenant Medical Office Campus
- Exceptional I-285 Visibility (200,000+ VPD)
- Covered Land Opportunity with Redevelopment Potential
Executive Summary
Ackerman & Co. proudly presents 4540-4546 Memorial Drive, a 100% leased single-tenant medical office investment offered at an 8.50% cap rate.
The multi-building campus is leased to Genesis Alliance for Mental Wellness, which has continuously occupied the property since 2007 and recently extended its lease through December 2030. The offering provides dependable in-place cash flow with below-market rental rates, creating future upside potential for ownership.
Located immediately off Interstate 285, the property enjoys exceptional visibility to more than 200,000 vehicles per day and convenient access throughout Metro Atlanta. Recent ownership investments—including new HVAC systems, roof replacements, and parking lot improvements—minimize near-term capital expenditures.
This investment offers a compelling combination of stable income, an attractive going-in yield, long-term tenant commitment, and future redevelopment optionality in one of DeKalb County's most established commercial corridors.
The multi-building campus is leased to Genesis Alliance for Mental Wellness, which has continuously occupied the property since 2007 and recently extended its lease through December 2030. The offering provides dependable in-place cash flow with below-market rental rates, creating future upside potential for ownership.
Located immediately off Interstate 285, the property enjoys exceptional visibility to more than 200,000 vehicles per day and convenient access throughout Metro Atlanta. Recent ownership investments—including new HVAC systems, roof replacements, and parking lot improvements—minimize near-term capital expenditures.
This investment offers a compelling combination of stable income, an attractive going-in yield, long-term tenant commitment, and future redevelopment optionality in one of DeKalb County's most established commercial corridors.
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Property Facts
| Price | $3,098,000 | Number of Properties | 4 |
| Price / SF | $112.87 / SF | Individually For Sale | 0 |
| Cap Rate | 8.50% | Total Building Size | 27,448 SF |
| Sale Type | Investment | Total Land Area | 16.00 AC |
| Status | Active |
| Price | $3,098,000 |
| Price / SF | $112.87 / SF |
| Cap Rate | 8.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 27,448 SF |
| Total Land Area | 16.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg A
4540 Memorial Dr, Decatur, GA 30032 |
Office | 8,100 SF | 1974 | - |
|
Bldg D - Perimeter Office Park
4542 Memorial Dr, Decatur, GA 30032 |
Office | 7,124 SF | 1974 | - |
|
Bldg C - Perimeter Office Park
4544 Memorial Dr, Decatur, GA 30032 |
Office | 7,124 SF | 1974 | - |
|
Bldg B - Perimeter Office Park
4540 Memorial Dr, Decatur, GA 30032 |
Office | 5,100 SF | 1974 | - |
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Memorial Drive Medical Office Campus
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