4870 Atlanta SE Rd Atlanta, GA 30339-1507
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.
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K-9 Coach Pet Grooming Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HI · Atlanta, GAAtlanta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.