13560 Morris RdMilton, GA 30004

  • Office properties
  • 550,076 SF
For Lease
$15/SF/YR View listing

Property Details for 13560 Morris Rd

Year built
1999
Lot size
45.25 AC
Property size (Sq ft)
550,076 SF
Zone code
OIC
Property type
Office properties
Property subtype
Office buildings
APN
21 548010440141
APU
21548010440141

Description

Deerfield One offers a fantastic sublease opportunity encompassing 31,116 square feet of traditional office space in Fulton County. This move-in ready suite is located within a building featuring an on-site cafe, fitness center, and conference center, providing exceptional convenience for tenants and their employees. The space is currently available for sublease with a term extending through October 31, 2026. The lease includes furniture, fixtures, and equipment (FF&E), representing a significant cost savings for incoming tenants. The asking rate of $15 per square foot is considered below market value, making this a highly attractive proposition. The property is designed for multiple tenants, offering flexibility in terms of layout and configuration. Free parking is also provided, a valuable amenity in a busy urban environment. This sublease presents a unique chance to secure high-quality office space in a desirable location at a competitive price point, with a substantial amount of space available for immediate occupancy. The suite is fully furnished and equipped, minimizing the upfront investment required for a seamless transition. The building's amenities further enhance the overall value and appeal of this exceptional sublease opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $96,535,696
    6.5%
    $89,109,872
    7%
    $82,744,880
  • Comparable approach

    Method
    Valuation
    Relative Method
    $107,297,824
    Geo Method
    $107,297,824
  • Alternative Use

    Use
    Valuation
    Residential
    $110,496,248
    Hospitality
    $101,213,968
    Educational
    $84,208,832
    Medical
    $87,104,904
    Retail
    $130,991,512
13560 Morris Rd, Milton, Georgia

Location Insight

City
Alpharetta
County
Fulton
State
Georgia
Latitude
34.0959
Longitude
-84.2564
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$805,525
$6,732,200
$21,806,200
$28,538,400
-
$16,830,500
$54,515,500
$71,346,000

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