Office Medical
Spalding Plaza
6450 & 6460 Spalding Dr, Peachtree Corners, GA 30092
Listing Price: $4,445,000
Investment Overview
DESIRABLE REAL ESTATE FUNDAMENTALS
Strategically located in Peachtree Corners, a dense & affluent northern suburb of Atlanta
Average household incomes between $138k – $144k within a 1, 3 & 5-mile radius
Strong daytime & permanent population counts:
Daytime: 7,053 (1-Mi), 90,244 (3-Mi) & 258,770 (5-Mi)
Permanent: 9,295 (1-Mi), 72,737 (3-Mi) & 216,093 (5-Mi)
Large parcel size of 1.83 acres
Ample surface level parking to accommodate ease of access
“Fort-like” construction with metal framing, all-brick exterior & concrete flooring between each story
Strong traffic counts of 21,200 VPD along Spalding Drive and just west of Holcomb Bridge Road (45,600 VPD)
RECENT CAPITAL IMPROVEMENTS
±$1 MM invested in capital improvements & buildouts
New roof installed on both buildings in 2019
15-Year Everguard TPO w/ warranty
All rooftop HVAC units replaced over last few years
13 units total
Newly built retaining wall & fencing installed
STRONG MEDICAL TENANTS
Stable & complimentary mix of medical tenants
Northside Hospital has over 500 locations in GA
Pediatric Partners of Gwinnett has 4 locations in GA
Tebo Dentistry for Kids has 11 locations in GA
Atlanta Autism Center has 5 locations in GA
WALT of 4.05 years
Annual rent bumps in all leases
Stabilized at 100% occupancy
ATLANTA ADVANTAGE
Atlanta metro has the 5th largest population in the US with 5.9+ million residents
30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000
16 ranked in the elite Fortune 500
Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development)
For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration
Major industries include financial services, technology and telecommunications
Forbes Rankings:
#13 Best Places for Business and Careers
#34 in Job Growth
#41 in Education
Investment Highlights
- Two (2) Medical Office Buildings 100% Occupied By Strong Medical Tenants
- New Lease Recently Executed With Northside Hospital, Inc., an Atlanta-Based Hospital System
- Affluent Peachtree Corners Location With an Avg HHHI Of $144,340 Within a 3- Mile Radius
- New Roof Installed in 2019 with 15-Yr EverGuard TPO Roof Warranty
- All Rooftop HVAC Units Replaced within Last 3 Years
- Recently Installed Retaining Wall and Fencing
Exclusively Listed By
Financing By
Listing Price: $4,445,000
Investment Highlights
- Two (2) Medical Office Buildings 100% Occupied By Strong Medical Tenants
- New Lease Recently Executed With Northside Hospital, Inc., an Atlanta-Based Hospital System
- Affluent Peachtree Corners Location With an Avg HHHI Of $144,340 Within a 3- Mile Radius
- New Roof Installed in 2019 with 15-Yr EverGuard TPO Roof Warranty
- All Rooftop HVAC Units Replaced within Last 3 Years
- Recently Installed Retaining Wall and Fencing
Investment Overview
DESIRABLE REAL ESTATE FUNDAMENTALS Strategically located in Peachtree Corners, a dense & affluent northern suburb of Atlanta Average household incomes between $138k – $144k within a 1, 3 & 5-mile radius Strong daytime & permanent population counts: Daytime: 7,053 (1-Mi), 90,244 (3-Mi) & 258,770 (5-Mi) Permanent: 9,295 (1-Mi), 72,737 (3-Mi) & 216,093 (5-Mi) Large parcel size of 1.83 acres Ample surface level parking to accommodate ease of access “Fort-like” construction with metal framing, all-brick exterior & concrete flooring between each story Strong traffic counts of 21,200 VPD along Spalding Drive and just west of Holcomb Bridge Road (45,600 VPD) RECENT CAPITAL IMPROVEMENTS ±$1 MM invested in capital improvements & buildouts New roof installed on both buildings in 2019 15-Year Everguard TPO w/ warranty All rooftop HVAC units replaced over last few years 13 units total Newly built retaining wall & fencing installed STRONG MEDICAL TENANTS Stable & complimentary mix of medical tenants Northside Hospital has over 500 locations in GA Pediatric Partners of Gwinnett has 4 locations in GA Tebo Dentistry for Kids has 11 locations in GA Atlanta Autism Center has 5 locations in GA WALT of 4.05 years Annual rent bumps in all leases Stabilized at 100% occupancy ATLANTA ADVANTAGE Atlanta metro has the 5th largest population in the US with 5.9+ million residents 30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000 16 ranked in the elite Fortune 500 Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development) For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration Major industries include financial services, technology and telecommunications Forbes Rankings: #13 Best Places for Business and Careers #34 in Job Growth #41 in Education
Exclusively Listed By
Financing By

