Single-Tenant Medical Office
1380 East Cleveland Avenue East Point, GA 30344
1380 East Cleveland Avenue, East Point, GA, 30344
$850,000
For Sale
$850,000
Well-maintained building constructed in 2003 with a functional layout suited to medical, dental, or general office use.
Property Size2,976 SF
Price / SF$285.62
Days on Market29
Property Features for 1380 East Cleveland Avenue
General Information
- Standard status
- Active
- Size
- 2,976 SF
- Property subtype
- Office
Listing agency
(714) 788-0430
Listed by
Matt Orville
(714) 788-0430
Source
Lee-associates
Added: Jun 24 Updated: Jul 21 at 2:18PM Checked: Jul 22 at 4:15AM
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 Matt Orville
Investment Insights
Based on property information with market context.
This ±2,976 SF single-tenant medical/office building was built in 2003 and is described as well-maintained by its current owner. The property offers a functional layout intended to support a range of professional uses, including medical, dental, or general office.
The building is located at 1380 East Cleveland Avenue in East Point, GA 30344. It is offered for sale and may be suitable for both owner-users and investors seeking a single-tenant facility with an office-forward configuration.
As presented, the asset is positioned as a medical/office property with an established build year and a practical internal layout designed for professional services.
The building is located at 1380 East Cleveland Avenue in East Point, GA 30344. It is offered for sale and may be suitable for both owner-users and investors seeking a single-tenant facility with an office-forward configuration.
As presented, the asset is positioned as a medical/office property with an established build year and a practical internal layout designed for professional services.
Key Highlights
- Single‑tenant medical/office building with 2,976 SF
- Built in 2003 and well‑maintained by the current owner
- Functional layout suited for medical, dental, or general office use
Local Financial Insights For Healthcare Medical
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 | $80.4k | $27.00 |
| − Vacancy | −$8.4k | −$2.84 |
| EGI | $71.9k | $24.17 |
| − OpEx | −$28.8k | −$9.67 |
| NOI | $43.1k | $14.50 |
2,976 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$616.4K
$539.4K – $719.2K
NOI $43,149 @ 7.0% cap · market cap 5.08%
Second Best
Office B
$569.3K
$498.2K – $664.2K
NOI $39,852 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$831.9K
$727.9K – $970.6K
NOI $58,233 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- VCA Briarcliff Animal Clinic of College Park — 1203 Cleveland Ave suite 2, East Point, GA 30344
- Atlanta Veterinarian — 1676 Thompson Ave, Atlanta, GA 30344
FAQs
What type of property is this?
Medical Office Space - Well-maintained building constructed in 2003 with a functional layout suited to medical, dental, or general office use.
Where is this medical office space located?
The property is located at 1380 East Cleveland Avenue East Point, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Single‑tenant medical/office building with 2,976 SF; Built in 2003 and well‑maintained by the current owner; Functional layout suited for medical, dental, or general office use
