Multi-Tenant Medical/Office Investment
1132 Hightower Trail Atlanta, GA 30350
For Sale
Contact for pricing
100% leased medical/office building in Sandy Springs, Atlanta.
Property Size10,437 SF
Lot Size0.57 Acres
Price / SF$215.58
Days on Market127
Property Features for 1132 Hightower Trail
General Information
Standard status
Active
Size
10,437 SF
Lot size
0.57 Acres
Property subtype
Office
Building Details
Year Built
1985
Listing Agency:
Delza Properties
Listed By:
Josh Ahlzadeh · License #423295
Source:
Crexi
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 27 at 4:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Delza Properties
Investment Insights
Based on property information with market context.
This multi-tenant medical/office building presents an investment opportunity. The property is 100% leased to four long-term national credit and medical tenants. Constructed in 1985 and recently modernized with capital improvements, the masonry asset encompasses approximately 10,437 square feet and is situated on 0.57 acres. The property is positioned along the high-traffic Roswell Road corridor in Sandy Springs, an affluent and densely populated submarket of Metro Atlanta. Its location within the North End Redevelopment corridor offers long-term upside due to planned mixed-use growth and continued area reinvestment. This turnkey investment is suited for passive investors seeking durable income and credit tenancy in a high-barrier-to-entry market.
Key Highlights
- 100% leased to four long‑term national credit and medical tenants, providing stable in‑place cash flow.
- Located in Sandy Springs, a high‑traffic, affluent, and densely populated submarket of Metro Atlanta.
- Situated within the North End Redevelopment corridor, offering long‑term upside potential.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $249.1k | $23.87 |
| − Vacancy | −$62.8k | −$6.02 |
| EGI | $186.4k | $17.85 |
| − OpEx | −$46.6k | −$4.46 |
| NOI | $139.8k | $13.39 |
10,437 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.00M
$1.75M – $2.33M
NOI $139,763 @ 7.0% cap · market cap 6.21%
Second Best
Healthcare Medical
$1.98M
$1.73M – $2.30M
NOI $138,269 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$2.92M
$2.55M – $3.40M
NOI $204,228 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Dianna Joseph, DVM — 350 Northridge Rd, Sandy Springs, GA 30350
Frequently Asked Questions
What type of property is this?
Medical Office Space - 100% leased medical/office building in Sandy Springs, Atlanta.
Where is this medical office space located?
The property is located at 1132 Hightower Trail Atlanta, GA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 100% leased to four long‑term national credit and medical tenants, providing stable in‑place cash flow.; Located in Sandy Springs, a high‑traffic, affluent, and densely populated submarket of Metro Atlanta.; Situated within the North End Redevelopment corridor, offering long‑term upside potential.
