For Sale
$445,000

1165 Hembree RdRoswell, GA 30076

High-yield office condo, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,744 square foot office condo, located at 1165 Hembree Road, Suites 110 & 120, Roswell, GA 30076, presents a compelling investment opportunity. The property features two units, totaling 2,744 square feet, currently 100% occupied by a credit-rated tenant, MMR Group, under a modified lease with a 3-year term commencing March 1, 2022, and expiring February 28, 2025. The lease includes a 5.26% annual rent increase. The property boasts a strong net operating income (NOI) of $35,757, resulting in an attractive 8.04% cap rate. The asking price is $445,000, translating to a price per square foot of $162.17. Built in 2000, this stabilized investment is zoned C3 and offers 50 shared parking spaces. The property is ideal for 1031 investors seeking a high-yield, low-risk investment with a reputable tenant. Taxes, insurance, and condo fees are covered by the landlord. This turnkey investment offers a stable income stream and significant upside potential. The property's location in Roswell, Fulton County, provides easy access to major transportation routes. This is a rare opportunity to acquire a high-quality, stabilized office condo in a prime location.

Highlights

  • Credit-rated tenant, MMR Group, under a 3-year lease expiring February 28, 2025.
  • 2,744 SF stabilized office condo investment in Roswell, GA.
  • Taxes, insurance, and condo fees are paid by the landlord.
  • 50 shared parking spaces.
  • Ideal for 1031 exchange.

Property Details for 1165 Hembree Rd

Property type
Office properties, Office space
Square Feet
2,744 SF
Year Built
2000
Units
2

Location Insight

City
Roswell
County
Fulton
State
Georgia
Latitude
34.0606361
Longitude
-84.3282111
1165 Hembree Rd, Roswell, 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].
1165 Hembree Rd
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