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 $140,000, 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.