9755 Dogwood Rd Roswell, GA 30075-7021

Property Details for 9755 Dogwood Rd

Year built

1988

Lot size

2.73 lot acres

Property size

49,585 SF

Zone code

OPC

Property type

Office buildings

APN

12 230005360423

APU

12230005360423

Description

This exceptional 3-story office building, Pavilion Center, presents a compelling investment opportunity. Located at 9755 Dogwood Rd, Roswell, GA 30075, this ±44,704 square foot property sits on a ±2.74-acre lot and boasts a 91% occupancy rate. The building, constructed in 1984 and extensively renovated in 2023 ($100,000 in common area improvements), features a Class B designation and a gross lease structure. The current asking price is $5,457,000, representing a compelling $122 per square foot and a 9.10% cap rate. The property benefits from a multi-tenant occupancy, providing diversified income streams. A one-year master lease is in place for a 2,296 square foot suite at $19 per square foot, effective upon closing. The building offers ample parking, 24-hour key card access, and a shared conference room. Its prime location in the desirable North Fulton Office Submarket of Atlanta provides easy access to GA-400/Holcomb Bridge Road, placing it within close proximity to the Central Perimeter (6.5 miles) and Buckhead (10 miles). The surrounding area features a high average household income ($166,000 within a 5-mile radius) and abundant amenities, including proximity to North Point Mall and Avalon. Future improvements to GA-400 are expected to further enhance accessibility. The property's strong cash flow, below-market rents, and average annual escalations of 3% make it an attractive, stabilized investment. Permitted zoning is Office Professional.