3133 Golf Ridge Blvd Douglasville, GA 30135
Call to check price and availability
16,000 SF Office, 100% Occupancy, 9% Cap Rate
Property size:
15,999 SFProperty Features for 3133 Golf Ridge Blvd
General Information
- Property type
- Office properties & Spaces
- Square Feet
- 15,999 SF
- Class
- B
- Lot Size
- 56,628 SF
Building Details
- Year Built/Renovated
- 1995/2022
- Buildings
- 1
- Stories
- 3
- Units
- 10
Listing Agent: Markie Clary
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional three-story, 15,999 square foot Class B office building, situated on a 1.3-acre lot in Douglasville, Georgia, presents a compelling investment opportunity. Constructed in 1995 and extensively renovated in 2022, the property boasts a fully occupied tenancy with ten tenants, many under recently renewed leases. The building features a multi-tenant configuration with a total of ten units, each averaging 1,500 square feet, and is offered at $1,500,000, representing a price per square foot of $93.76 and a price per unit of $150,000. The property's strong financial performance is reflected in its 9.00% cap rate and a pro-forma cap rate of 9.10%, generating a pro-forma NOI of $136,519. Recent upgrades include a complete overhaul of the HVAC and plumbing systems. The property is situated in the Chapel Hills Office Village, conveniently located just south of I-20, near Arbor Place Mall, and surrounded by upscale retail, dining, and residential developments. The property is zoned PUD and operates under an Absolute NNN lease type. This prime location benefits from Douglasville's robust economic growth, fueled by significant developments such as Sam's Club's new fulfillment center and Lionsgate Studios' "Great Point Studios" film complex. This presents a rare opportunity to acquire a high-performing, well-maintained office building in a rapidly expanding market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Perri Mitchell Realty
Real Estate Agency
The Tax Hive Group
Tax Preparation
Procarian Wealth Advisors ...
Financial Advisor
Lawrence See & Beavers
Tax Preparation
Grace Hearing and Language ...
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Douglasville
- County
- Douglas
- State
- Georgia
- Longitude
- -84.7243321
- Latitude
- 33.7204853
Nearby Similar for Sale
FAQs
What type of property is this?
Office property - 16,000 SF Office, 100% Occupancy, 9% Cap Rate
Where is this office property located?
The property is located at 3133 Golf Ridge Blvd Douglasville, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully occupied Class B office building with ten tenants, many under recently renewed leases.; Recently renovated with updated HVAC and plumbing systems.; 15,999 square feet on a 1.3-acre lot in Douglasville, GA, near I-20 and Arbor Place Mall.
