9755 Dogwood Rd - Office FOR SALE


Roswell, GA 30075
$5,457,000 USD
786-522-7056
9755 Dogwood Rd, Roswell, GA for Sale
$5,457,000 USD
Office - FOR SALE
1/33
null | 9.09% Cap Rate

9755 Dogwood Rd
Roswell, GA 30075


HIGHLIGHTS

  • Steady cash flows, below-market rents, average 3% annual escalations
  • Half mile to GA-400/Holcomb Bridge Rd Interchange | Central Perimeter (6.5 miles) and Buckhead (10 miles)
  • Future Direct Access to GA-400 with GA Department of Transportation project
  • Affluent metro of Atlanta ($166K AHHI 5 miles) | Access to North Fulton, Central Perimeter, & Peachtree Corners office markets & quality labor pools

OVERVIEW

Marcus & Millichap is pleased to present for sale Pavilion Center, a 3-story ±44,704 SF multi-tenanted office property situated on ±2.74 acres in the desirable North Fulton Office Submarket of Atlanta, Georgia. The property is currently 95% leased by a diverse and strong office tenancy. Ownership has agreed to a one-year Master Lease on Suite 340 (2,296 SF) at $19 PSF effective on the closing date. Built in 1984, the asset has been well maintained and was renovated in 2023 with $100,000 worth of common area improvements and a new HVAC unit and compressor in 2024. Pavilion Center boasts an attractive physical appearance and offers above average curb appeal with mature, well-maintained landscaping and ample parking. The property benefits from its easy access to the GA-400 / Holcomb Bridge Road interchange providing quick and direct access to Atlanta Proper. The North Fulton Office Submarket encompasses many of the most affluent suburbs within the Atlanta MSA. The average household income is $166,000 within a 5-mile radius, and the property is surrounded by an amenity rich environment.

FOR SALE DETAILS

PRICE

$5,457,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

9.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pavilion Center | Stabilized Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

162

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

118,919 SF

ZONING

OP

APN/PARCEL ID

12-2300-0536-042-3

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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