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Bethlehem Exchange

$ 3,800,000
426 Exchange Boulevard, ,
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Overview

  • Updated On:
  • December 14, 2020
  • Year Built: 2016

Description

Bethlehem is an affluent, fast-growing suburb in northeast Atlanta, with a population of over 42,000 people and an average household income of over $65,000 within a 5-mile radius. The immediate area continues to attract new residents with over 20% population growth over the last 5 years. These demographics are evidence of the continued stability and future growth of the area.

This is a rare opportunity to own a value-add 76% leased free standing medical office complex in the fast-growing Atlanta suburb of Bethlehem/Winder. The buildings provide easy access to Hwy 316, a critical state highway connecting Atlanta and Athens. The property is currently leased to 5 tenants, all medical specialists. The offering includes three buildings, built in 2016 and includes two vacant suites, both under 2,000 square feet. The property is in excellent condition and ready for an entrepreneurial owner to maximize return through leasing activity. An owner/user could purchase this property and occupy a vacant suite while collecting rent from other tenants.

Address: 426 Exchange Boulevard
City:
Area:
Zip: 30620
Country: United States
Open In Google Maps
Property Id : 19270
Price: $ 3,800,000
Year Built: 2016
Price Per Square Foot: $251.57
Cap Rate: 7.89%
Leasable Area: 15,105 SF
Occupancy: 76%
NOI: $299,796
Other Features
Elevator
Owner Occupant
$ 14,733.35
per month
  • Principal and Interest
  • Property Tax
  • HOO fees
$ 14,733.35

Other Agents

Brett Feldman

Associate
A 2020 graduate from the University of Georgia, Brett Feldman majored in Real Estate from ...

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