325 Hammond Dr NE - Medical FOR SALE


Atlanta, GA 30328
$4,490,000 USD
404-406-3950
325 Hammond Dr NE, Atlanta, GA for Sale
$4,490,000 USD
Medical - FOR SALE
1/25
null | 5.74% Cap Rate

325 Hammond Dr NE
Atlanta, GA 30328


HIGHLIGHTS

  • Prime office location in the heart of Sandy Springs at a signalized intersection.
  • Please reach out to turnbullatlanta@gmail.com for the fastest response!

OVERVIEW

Rare owner/occupier opportunity in the heart of Sandy Springs. Pin corner, 3 story office building at signalized intersection. Building is currently 100% leased and presents either an income producing investment opportunity or a rare owner/occupier or partial occupier opportunity at a signalized intersection in the heart of Sandy Springs. There is flexibility for a user to occupy a full floor (+/- 6,000 RSF) or more SF if needed. Multi-tenant building with elevator service. Each suite has its own private entrance and private restroom(s). New roof installed in 2021. New HVAC system for all three (3) floors installed in 2021. Rent roll and expenses are available after execution of NDA. Contact riverrockcapital280@gmail.com or turnbullatlanta@gmail.com for more details. The subject building will be the beneficiary of the soon to be realigned, signalized intersection of Hammond Drive and Boylston Drive which is Phase 1 of a major +/-$60,000,0000 Improvement project that will significantly improve traffic by widening Hammond Drive. The conceptual design proposes to improve safety and operational efficiencies and will include multi-use paths, sidewalks, landscaping, pedestrian lighting, and intersection enhancements that will make this already strategic location even more prominent. Visit https://www.sandyspringsga.gov/hammond-drive-improvements and https://roughdraftatlanta.com/2024/07/18/sandy-springs-city-council-approves-funds-for-two-street-projects/

FOR SALE DETAILS

PRICE

$4,490,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sandy Springs Office Court

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

45,033 SF

ZONING

C3

APN/PARCEL ID

17-0070-LL-063-8

ASK ABOUT THIS PROPERTY

Charles MooreRiver Rock CapitalMore Info
404-406-3950

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Charles MooreRiver Rock CapitalMore Info
404-406-3950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.