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Sandy Springs Office Court 325 Hammond Dr NE

17,990 SF 100% Leased Office Building Atlanta, GA 30328 $4,490,000 ($250/SF) 5.74% Cap Rate

Investment 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!

Executive Summary

Pin corner, 3 story office building at signalized intersection. Building is currently 100% leased and presents either an income producing investment opportunity or a very rare owner/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/

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
17,990 SF
Building Class
B
Year Built/Renovated
1974/2021
Price
$4,490,000
Price Per SF
$250
Cap Rate
5.74%
NOI
$257,602
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,997 SF
Building FAR
0.40
Lot Size
1.03 AC
Zoning
C3 - Heavy Commercial
Parking
63 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Bus Line
  • Convenience Store
  • Dry Cleaner
  • Restaurant
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 103
  • 1,949 SF
  • Office
  • Full Build-Out
  • Jul 2025

Space available 11/1/24. Excellent condition with new paint and new flat panel LED lighting. 2 private entrances and 2 private restrooms.

  • 2nd Fl-Ste 201
  • 1,372 SF
  • Office/Medical
  • Full Build-Out
  • Mar 2025

See attached floor plan. Suite 201 is in a great location within the building, located at the front of the building with windows across the entire front of the space. Tenant responsible for janitorial. Lease rate shown includes CAM, Property Taxes and Insurance and utilities with 2025 Base Year.

  • 3rd Fl-Ste 303
  • 3,901 SF
  • Office
  • -
  • 60 Days

See attached as-built floorplan

Space Size Space Use Condition Available
1st Fl-Ste 103 1,949 SF Office Full Build-Out Jul 2025
2nd Fl-Ste 201 1,372 SF Office/Medical Full Build-Out Mar 2025
3rd Fl-Ste 303 3,901 SF Office - 60 Days

1st Fl-Ste 103

Size
1,949 SF
Space Use
Office
Condition
Full Build-Out
Available
Jul 2025

2nd Fl-Ste 201

Size
1,372 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Mar 2025

3rd Fl-Ste 303

Size
3,901 SF
Space Use
Office
Condition
-
Available
60 Days

1st Fl-Ste 103

Size 1,949 SF
Space Use Office
Condition Full Build-Out
Available Jul 2025

Space available 11/1/24. Excellent condition with new paint and new flat panel LED lighting. 2 private entrances and 2 private restrooms.

2nd Fl-Ste 201

Size 1,372 SF
Space Use Office/Medical
Condition Full Build-Out
Available Mar 2025

See attached floor plan. Suite 201 is in a great location within the building, located at the front of the building with windows across the entire front of the space. Tenant responsible for janitorial. Lease rate shown includes CAM, Property Taxes and Insurance and utilities with 2025 Base Year.

3rd Fl-Ste 303

Size 3,901 SF
Space Use Office
Condition -
Available 60 Days

See attached as-built floorplan

Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-0070-LL-063-8
Land Assessment
$252,840
Improvements Assessment
$466,760
Total Assessment
$719,600
  • Listing ID: 28883066

  • Date on Market: 6/29/2023

  • Last Updated:

  • Address: 325 Hammond Dr NE, Atlanta, GA 30328

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