Single-Tenant Medical Office
For Sale
$850,000
1380 East Cleveland Avenue, East Point, GA 30344
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 Market120
Property Features for 1380 East Cleveland Avenue
General Information
Standard status
Active
Size
2,976 SF
Property subtype
Office
Building Details
Building Size
2,976 SF
Year Built
2003
Tenancy
Single
Listed By:
Matt Orville
(770) 864-7868
Source:
Lee-associates
Added: Jun 24
Changed: Oct 7
Last Checked: Oct 20 at 6:47PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,149
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,980
$863.0K
Cap Rate 7%
$616,414
$616.4K
Cap Rate 9%
$479,433
$479.4K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$80.4K $27.00/SF
− Vacancy
−$8.4K −$2.84/SF
EGI
$71.9K $24.17/SF
− OpEx
−$28.8K −$9.67/SF
NOI
$43.1K $14.50/SF
Area
Fulton County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,980
Cap Rate 7%
$616,414
Cap Rate 9%
$479,433
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 authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 30344, GA
35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Atlanta Veterinarian — 1676 Thompson Ave, Atlanta, GA 30344
- VCA Briarcliff Animal Clinic of College Park — 1203 Cleveland Ave suite 2, East Point, GA 30344
Frequently Asked Questions
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
