4080 McGinnis Ferry Rd, Bldg. 300

Alpharetta, GA

Office for Sale - $1,996,000 - 10,368 Sq. Ft.


Agent Info

Ben Choi
Coldwell Banker Commercial Metro Brokers

Property Info

CIMLS#1158074
Location
  4080 McGinnis Ferry Rd, Bldg. 300
  Alpharetta GA 30005
UpdatedApril 23rd, 2024
TypeOffice
Price$1,996,000
Building10,368 Sq. Ft.

Property Description

EXECUTIVE SUMMARY • Building 100% leased to two separate tenants in health-care-related sectors - Autism center (expires 1/31/2025 with 4 X 1-year option to renew) - Speech therapist - currently subleased to a counseling tenant (expires 6/31/2026 with 1 X 4-year option to renew) • Approximate return of 4.81± % after the office park association fees and Forsyth Co. property tax • Contact to request rent roll • The office complex where the subject Property is situated is across the road from the newly proposed The Gathering at South Forsyth, a $2B + mixed live-work-play development project (please note that this proposal hasn’t been finalized yet – please check on the official Forsyth County government website for the latest updates) - https://www.fox5atlanta.com/news/the-gathering-at-south-forsyth-gets-greenlight - https://www.forsythco.com/News/video-get-the-latest-updates-on-the-ronald-reagan-blvd-extension-apr24 • The Property is divided into four separate units. • All units are accessible and connected through the interior common areas – creating a contiguous 10,368 SF for a single user; or each unit can be leased separately, allowing up to four separate tenants.


Financials



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