1720 Mt Vernon Rd
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1720 Mt Vernon Rd
3,842 SF 100% Leased Office Building Atlanta, GA 30338 $875,000 ($228/SF) 5.20% Cap Rate
Investment Highlights
- Prime Dunwoody Office Location in Dunwoody Village
- Easy access to and from the office with a traffic light on Dunwoody Village Parkway
- All Brick Building in good condition inside and out
- Perfect Office Fit for Small Business, Attorneys, CPAs, Health Professionals and Investment Bankers
Executive Summary
Prime Office Building located in Dunwoody Village in the heart of the City of Dunwoody available to purchase for the first time in 30 plus years. Perfect Investment Only and/or Owner Occupy opportunity. A desirable location that offers easy direct access and signage on both Mt Vernon Rd & Dunwoody Village Pkwy. The single story all brick building, with two (2) Suites (A & B), sits on a third (1/3) of an acre, with newly paved parking directly in front of the building. Also the building's three (3) HVAC units have been recently replaced. Currently this is an investment only income property with both suites (A & B) leased. The purchase opportunity may offer flexibility for those investors who want to occupy part of the building sooner than later, the current tenant of Suite A (2,205 SF renovated in 2020) is interested in early termination prior to the lease expiration of 1/31/2026. Come invest in and/or work in Dunwoody, an affluent community in the Northern Atlanta metropolitan area, offering an upscale lifestyle characterized by well-constructed communities, luxurious amenities, and a strong focus on providing a high quality of living.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,842 SF
Building Class
C
Year Built
1979
Price
$875,000
Price Per SF
$228
Cap Rate
5.20%
NOI
$45,503
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,842 SF
Building FAR
0.27
Lot Size
0.33 AC
Zoning
DV-2 Dunwoody Village - The DV-2 Office District is intended to provide areas for small-scale office uses to serve nearby neighborhoods.
Parking
21 Spaces (5.47 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 18-366-06-090 | Total Assessment | $230,520 |
Land Assessment | $85,292 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $145,228 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
18-366-06-090
Land Assessment
$85,292
Improvements Assessment
$145,228
Total Assessment
$230,520
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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1720 Mt Vernon Rd
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