For Sale
$800,000

1195 Ralph David Abernathy BlvdAtlanta, GA 30310

Profitable, renovated medical office building

Overview

Added:
Dec 11, 2024
Days on market:
113
This 3,300 sq ft, fully renovated (2021) Class B medical office building in Atlanta, GA is available for $800,000. Located at 1195 Ralph David Abernathy Blvd SW, this single-tenant property boasts a 100% occupancy rate with a stable, long-term tenant under a NNN lease with 2.1 years remaining (5-year lease, commencing December 10, 2021, expiring December 10, 2026, with four lease options). The property features 15 parking spaces, a security gate, and a new roof (installed 2018). The interior includes four exam rooms, a management office, a doctor's office, a state-of-the-art treatment area with X-ray facilities, a surgery suite, an isolation room with separate airflow, an employee lounge, and a kennel room. The building sits on an 18,295 sq ft lot, zoned R-LC. The property offers a 7.50% cap rate and a net operating income (NOI) of $60,000. This is a stabilized investment opportunity with significant potential for long-term growth. The property's prime location in Atlanta's West End district provides unparalleled accessibility and visibility.

Highlights

  • Long-term tenant with favorable lease terms.
  • Triple Net (NNN) lease.

Property Details for 1195 Ralph David Abernathy Blvd

Property type
Office properties, Medical offices
Square Feet
3,300 SF
Class
B
Year Built/Renovated
1964/2021
Stories
1
Units
1

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.738775417205
Longitude
-84.427271174734
1195 Ralph David Abernathy Blvd, Atlanta, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1195 Ralph David Abernathy Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message