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Office Medical

Value-Add Medical Office | Atlanta MSA | Renovated 2021

8095 Roswell Rd NE, Sandy Springs, GA 30350

Listing Price: $1,148,000

Gross SF
2,870
Rentable SF
2,870
Price/Gross SF
$400.00
Occupancy
1.0%
Year Built
1984
Lot Size
0.28 acres

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the recently renovated medical office located at 8095 Roswell Rd NE in Sandy Springs, GA. Formerly occupied by Atlanta Plus Urgent Care, the single-tenant building totals 2,870 square-feet and rests on approximately 0.28 acres. Recent improvements, totaling over $200,000, include exterior and interior renovations with a full medical office build-out, roof replacement in 2016, HVAC replacements, and a restriped parking lot in 2021. Currently built-out for medical use, the subject property offers value-add opportunity through filling vacancy or as an ideal space for an owner user. Positioned within the sought-after Sandy Springs submarket, the medical office features excellent visibility via Roswell Rd NE (28,900+ VPD), and is located in close proximity to both the Northside Hospital Atlanta (621-beds) & downtown Atlanta.

The Atlanta metro encompasses 29 counties in northwestern Georgia. With few natural barriers to limit development, tremendous population growth over the past decade expanded the metro’s borders, and the region now has a population of roughly 6.1 million people. Over the next five years, the region is expected to add approximately 298,000 residents. Meanwhile, Mercedes-Benz Stadium has been a catalyst for redevelopment in the urban core of Atlanta, while Truist Park has prompted new development northwest of downtown Atlanta. In 2023, the metro will remain a top market nationally for commercial construction. The volume of new projects in the downtown and midtown sections of the metro will present additional housing, entertainment and retail opportunities. This will entice residents back into the city and provide options for people moving to the metro.

Investment Highlights

  • Newly Renovated Single-Tenant Medical Office | Former Urgent Care Facility in High-Growth Submarket of Sandy Springs
  • Over $200,000 in Capital Improvements in 2021 | Improvements Include Full Medical Office Build-Out & Exterior Renovations
  • Excellent Visibility & Access Via Roswell Rd (28,900+ VPD) | 5.7 Miles from Northside Hospital Atlanta (621-Beds)
  • Value-Add Opportunity through Filling Vacancy or Ideal for an Owner User | Option to Easily Convert to Single-Tenant Retail
  • Located in One of the Most Affluent & Desirable Submarkets of Atlanta MSA | Average Household Income is $149,000+ within a 5-Mile Radius of the Property

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Office Medical

Value-Add Medical Office | Atlanta MSA | Renovated 2021

Listing Price: $1,148,000

Gross SF
2,870
Rentable SF
2,870
Price/Gross SF
$400.00
Occupancy
1.0%
Year Built
1984
Lot Size
0.28 acres

Investment Highlights

  • Newly Renovated Single-Tenant Medical Office | Former Urgent Care Facility in High-Growth Submarket of Sandy Springs
  • Over $200,000 in Capital Improvements in 2021 | Improvements Include Full Medical Office Build-Out & Exterior Renovations
  • Excellent Visibility & Access Via Roswell Rd (28,900+ VPD) | 5.7 Miles from Northside Hospital Atlanta (621-Beds)
  • Value-Add Opportunity through Filling Vacancy or Ideal for an Owner User | Option to Easily Convert to Single-Tenant Retail
  • Located in One of the Most Affluent & Desirable Submarkets of Atlanta MSA | Average Household Income is $149,000+ within a 5-Mile Radius of the Property

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the recently renovated medical office located at 8095 Roswell Rd NE in Sandy Springs, GA. Formerly occupied by Atlanta Plus Urgent Care, the single-tenant building totals 2,870 square-feet and rests on approximately 0.28 acres. Recent improvements, totaling over $200,000, include exterior and interior renovations with a full medical office build-out, roof replacement in 2016, HVAC replacements, and a restriped parking lot in 2021. Currently built-out for medical use, the subject property offers value-add opportunity through filling vacancy or as an ideal space for an owner user. Positioned within the sought-after Sandy Springs submarket, the medical office features excellent visibility via Roswell Rd NE (28,900+ VPD), and is located in close proximity to both the Northside Hospital Atlanta (621-beds) & downtown Atlanta. The Atlanta metro encompasses 29 counties in northwestern Georgia. With few natural barriers to limit development, tremendous population growth over the past decade expanded the metro’s borders, and the region now has a population of roughly 6.1 million people. Over the next five years, the region is expected to add approximately 298,000 residents. Meanwhile, Mercedes-Benz Stadium has been a catalyst for redevelopment in the urban core of Atlanta, while Truist Park has prompted new development northwest of downtown Atlanta. In 2023, the metro will remain a top market nationally for commercial construction. The volume of new projects in the downtown and midtown sections of the metro will present additional housing, entertainment and retail opportunities. This will entice residents back into the city and provide options for people moving to the metro.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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