Office Portfolio with Four
300 Racetrack Road, McDonough, GA 30252
For Sale
Contact for pricing
Four-office portfolio near major medical and retail services, suitable for professional and medical office tenants.
Property Size29,328 SF
Price / SF$153.44
Days on Market154
Property Features for 300 Racetrack Road
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Additional Details
Highway Access
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Franks & White LLC
Listed By:
Logan Franks · License #410103
(770) 447-5959
Source:
Crexi
Added: Jun 9
Changed: Nov 2
Last Checked: Nov 8 at 6:23AM
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 Franks & White LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Racetrack Road Office Portfolio consists of four professional office buildings located at 300, 360, 370, and 390 Racetrack Road in McDonough, Georgia. The offering is presented as a portfolio acquisition for buyers seeking a multi-building structure with office and medical office applicability.
The properties are positioned within an established professional office corridor and are described as being near Piedmont Henry Hospital, Downtown McDonough, and surrounding retail amenities. The location also provides access to Interstate 75 and the greater Metro Atlanta region, supporting convenience for both tenants and visitors.
For tenants and operators, the multi-building configuration can support a range of professional office needs, including medical office use, within a concentrated portfolio setting. For buyers, acquiring four office buildings together may help streamline asset management compared with purchasing stand-alone properties. This portfolio presentation can also appeal to those looking to own a small collection of office assets in a suburban market with proximity to healthcare services and local retail.
The properties are positioned within an established professional office corridor and are described as being near Piedmont Henry Hospital, Downtown McDonough, and surrounding retail amenities. The location also provides access to Interstate 75 and the greater Metro Atlanta region, supporting convenience for both tenants and visitors.
For tenants and operators, the multi-building configuration can support a range of professional office needs, including medical office use, within a concentrated portfolio setting. For buyers, acquiring four office buildings together may help streamline asset management compared with purchasing stand-alone properties. This portfolio presentation can also appeal to those looking to own a small collection of office assets in a suburban market with proximity to healthcare services and local retail.
Key Highlights
- Four‑office portfolio at 300, 360, 370, and 390 Racetrack Road in McDonough, GA
- Year built: 2006
- Located near Piedmont Henry Hospital and Downtown McDonough
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$392,733
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,854,660
$7.9M
Cap Rate 7%
$5,610,471
$5.6M
Cap Rate 9%
$4,363,700
$4.4M
Market Conditions
NOI Build-Up for 29,328 SF
Gross rent
$700.1K $23.87/SF
− Vacancy
−$176.4K −$6.02/SF
EGI
$523.6K $17.85/SF
− OpEx
−$130.9K −$4.46/SF
NOI
$392.7K $13.39/SF
Area
Henry County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,854,660
Cap Rate 7%
$5,610,471
Cap Rate 9%
$4,363,700
Alternative Uses
Best Use
Office B
$5.61M
$4.91M – $6.55M
NOI $392,733 @ 7.0% cap · market cap 8.73%
Second Best
Healthcare Medical
$5.54M
$4.85M – $6.47M
NOI $388,009 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$8.20M
$7.17M – $9.56M
NOI $573,881 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 30252, GA
49,702
Population
16,400
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
528
Density / Sq Mi
$97,339
Median Household Income
$48,850
Median Earnings
$1,819
Median Rent
$326,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Henry County, GA
Properties on Market for Office buildings in Henry County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Four-office portfolio near major medical and retail services, suitable for professional and medical office tenants.
Where is this office building located?
The property is located at 300 Racetrack Road McDonough, GA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Four‑office portfolio at 300, 360, 370, and 390 Racetrack Road in McDonough, GA; Year built: 2006; Located near Piedmont Henry Hospital and Downtown McDonough
