For Sale
$1,050,000

207 Upper Riverdale RdRiverdale, GA 30274

Fully Leased, Newly Renovated, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4,579 square foot medical office building, located at 207 Upper Riverdale Rd, Riverdale, GA 30274, presents a compelling investment opportunity. The property, a single-story Class C building constructed in 1979 and extensively renovated in 2022, boasts 100% occupancy with a corporate-guaranteed, absolute NNN lease in place. The current lease term is five years, commencing October 31, 2022, and expiring October 31, 2027, leaving approximately 2.9 years remaining. The asking price is $1,050,000, translating to a price per square foot of $229.31. Significant improvements completed during the recent renovation include a new HVAC system, flooring, paint, plumbing, ceiling, and lighting. The building features ample parking with 20 spaces and is strategically situated in a primarily medical area of Clayton County. Rent bumps are included in the lease agreement. This turnkey investment offers a strong, stable income stream with the benefit of a long-term lease and a motivated seller. The property is offered for sale by owner.

Highlights

  • $1,050,000 asking price for this Class C medical office building.
  • 4,579 square feet, single-tenant, 100% occupied.
  • Absolute NNN lease with corporate guarantee, 2.9 years remaining on a 5-year term (commencing 10/31/2022, expiring 10/31/2027).
  • Located at 207 Upper Riverdale Rd, Riverdale, GA 30274.
  • 20 parking spaces.
  • Fully renovated in 2022.

Property Details for 207 Upper Riverdale Rd

Property type
Office properties, Medical offices
Square Feet
4,579 SF
Class
C
Year Built/Renovated
1979/2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Riverdale
County
Clayton
State
Georgia
Latitude
33.574891
Longitude
-84.3972797
207 Upper Riverdale Rd, Riverdale, Georgia

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207 Upper Riverdale Rd
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