For Sale
$4,700,000

2001 Martin Luther King Jr DrAtlanta, GA 30310

Atlanta Executive Office - $4.7M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 81,713 square foot Class B office building, located at 2001 Martin Luther King Jr Drive in Atlanta, Georgia, presents a compelling owner/user investment opportunity. Built in 1972, the property sits on a 3.25-acre lot and offers significant upside potential. Currently priced at $4,700,000 ($57.52/sq ft), this asking price is notably below replacement cost. The building's executive office space is ideally situated near the vibrant downtown Atlanta business district, the Atlanta BeltLine, Atlantic Station, and the rapidly developing West Midtown area, providing excellent access to amenities and a strong workforce. Short-term leases currently in place offer an immediate owner/user opportunity to occupy a substantial portion of the building, while below-market rents present a clear path to increased profitability. This property represents a rare chance to acquire a well-located, sizable office building with considerable potential for value appreciation. The Fulton County location and 30310 zip code offer convenient access to major transportation arteries and a diverse range of businesses. The substantial square footage and ample land provide flexibility for future expansion or redevelopment. This is a prime opportunity for a discerning investor seeking a strong return on investment in a thriving Atlanta market.

Highlights

  • Short-term leases allow for immediate owner-user occupancy.
  • Significant upside potential due to below-market rents.
  • Asking price of $4,700,000 ($57.52/sq ft) is below replacement cost.

Property Details for 2001 Martin Luther King Jr Dr

Property type
Office properties
Square Feet
81,713 SF
Class
B
Year Built
1972
Lot Size (sq. ft)
141,570 SF

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7505956
Longitude
-84.4504945
2001 Martin Luther King Jr Dr, Atlanta, Georgia

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2001 Martin Luther King Jr Dr
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