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Property profile & analytics
OFF-MARKET Estimated value $1,745,000
Showrooms

4870 Atlanta SE Rd Atlanta, GA 30339-1507

10,220 SF 1.05 ac lot Built 1969
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0955260
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,220 square foot, single-tenant, free-standing medical office and pet boarding facility located at 4870 S Atlanta Rd SE, Atlanta, GA 30339. The property sits on a 1.05-acre lot and is currently 100% occupied by Destination Pet, a leading national operator with 58 locations across 22 states, backed by private equity. The absolute NNN lease commenced November 4, 2021, and has a remaining term of 12 years, with three 5-year renewal options. Rent increases of 10% every 5 years are built into the lease, providing strong protection against inflation and significant future cash flow growth. The asking price is $1,500,000, representing a 7.00% cap rate and a price per square foot of $146.77. The property boasts a strong NOI of $105,000. This recession-resistant investment benefits from its location in a densely populated area with high average household incomes (over $137,800 within a 5-mile radius), serving a market of over 206,500 residents. The property's strategic location offers easy access to surrounding markets, approximately 10 miles from Downtown Atlanta. The veterinary services market is experiencing robust growth, projected to reach $142 billion by 2025. This presents a compelling opportunity for a passive, long-term investment with significant upside potential.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1969
Total area 10,220 SF
Lot 1.05 ac (45,843 SF)
Zoning code HI
APN 17089400120
UPID US22-0955260
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • K-9 Coach Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.75M
Owner & transaction history
Bumble Bee Investments LLC · 3 yrs held
Bumble Bee Investments LLC
since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2021
$1.5M
2017
Price N/A
2013
$950,000
2006
$1.2M
2004
$575,000
Zoning & alternative use
HI · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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