Medical Office Building Investment | Ten Year Triple Net Lease - Metro Atlanta

For Sale

1325 Satellite Boulevard Northwest, Suwanee, GA 30024

This Suwanee property for sale is located at 1325 Satellite Boulevard Northwest. The general use of Medical Office Building Investment | Ten Year Triple Net Lease - Metro Atlanta is office and it incorporates 13,280 square feet of class B office space. The current listed sale price for Medical Office Building Investment | Ten Year Triple Net Lease - Metro Atlanta is $5,950,000. Medical Office Building Investment | Ten Year Triple Net Lease - Metro Atlanta is situated on a lot that is 0.16 acre in size.

Contacts

broker

Michael Bull

Bull Realty

Property Details

  • Property Type Office - Medical Office
  • Property Size 13,280 SF
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2008
  • Year Renovated 2023
  • Date Updated Aug 1, 2024
Suwanee, GAOpportunity to acquire a beautiful ±13,280 SF two story brick office building with a strong medical tenant on a ten-year triple net lease. The tenant, Psychiatric Professionals of Georgia, has been in business 41 years with a strong practice and healthy track record. This location is ideal in the Gates at Sugarloaf development in the affluent Suwanee submarket of Atlanta, Georgia. Within a two mile radius the average household income is just over $125,000 per year and the median home value is $318,720.

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Highlights

  • Exquisite ±13,280 SF two-story brick office building
  • Strong tenant – Psychiatric Professionals of Georgia
  • 6.5% cap rate - $385,120 NOI
  • 10 Year lease with through 2034
  • Renewals of 15 to 20 years
  • Operating expenses passed through to tenant
  • 3% annual base rent escalations
  • Built in 2008 with $3,184,448 renovation in 2023
  • Possible to add $4.2 million leased building next door
  • Please do not disturb the tenant

Getting around

  • 21/100

    Walk Score ®

  • 16/100

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Location

  • City Suwanee, GA
  • Neighborhood Olde Savannah Square
  • Zip Code 30024
  • Market Atlanta

Points of Interest

  • QuikTrip

    0.58 miles

  • BP

    2.04 miles

  • Shell

    2.07 miles

  • Texaco

    2.09 miles

  • Chevron

    2.11 miles

  • RaceWay

    2.22 miles

  • Shell

    2.24 miles

  • BP

    2.40 miles

  • Shell

    2.42 miles

  • QT

    2.43 miles

  • Peachtree Ridge High School

    0.92 miles

  • Disabled Parking

    1.58 miles

  • Sugarloaf Mills Park & Ride

    1.82 miles

  • Swuanee Creek Greenway McGinnis Ferry Parking

    2.13 miles

  • Suwanee Creek Greenway Martin Farm Parking

    2.57 miles

  • Children's Parking Lot

    4.70 miles

  • Main Parking Lot

    4.73 miles

  • BusParking

    4.76 miles

  • Student Parking Lot

    5.22 miles

  • Faculty Parking

    5.36 miles

  • Home2 Suites by Hilton Lawrenceville Atlanta Sugarloaf

    1.34 miles

  • Residence Inn Atlanta NE/Duluth Sugarloaf

    1.34 miles

  • Courtyard Atlanta NE/Duluth Sugarloaf

    1.37 miles

  • Homewood Suites

    1.49 miles

  • Hampton

    1.53 miles

  • Holiday Inn Gwinnett Center

    1.60 miles

  • Hilton Garden Inn

    1.68 miles

  • Courtyard Atlanta Suwanee

    1.68 miles

  • Embassy Suites

    1.70 miles

  • Fairfield Inn & Suites Atlanta Suwanee

    1.87 miles

  • ASSI

    0.59 miles

  • Publix

    0.79 miles

  • Kroger

    1.19 miles

  • H Mart

    1.90 miles

  • Walmart Supercenter

    2.36 miles

  • The Fresh Market

    2.47 miles

  • Sprouts Farmers Market

    2.77 miles

  • Publix

    2.97 miles

  • ALDI

    3.00 miles

  • Lidl

    3.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Michael Bull

Bull Realty