207 Upper Riverdale Rd Riverdale, GA 30274
- Office Properties & Spaces
- 4,579 SF
Current Use by Public Records
- Dr. Jose R. Perez-Irizarry, DMD / Dentist
- Andrew Shehata / Pediatric Dentist
- Key Autism Services / Child Health Care Centre
Property Details for 207 Upper Riverdale Rd
- Year built
- 1979
- Property size
- 4,579 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 4,579 square foot medical office building, located at 207 Upper Riverdale Rd, Riverdale, GA 30274, presents a compelling investment opportunity. The property, a single-story Class C building constructed in 1979 and extensively renovated in 2022, boasts 100% occupancy with a corporate-guaranteed, absolute NNN lease in place. The current lease term is five years, commencing October 31, 2022, and expiring October 31, 2027, leaving approximately 2.9 years remaining. The asking price is $1,050,000, translating to a price per square foot of $229.31. Significant improvements completed during the recent renovation include a new HVAC system, flooring, paint, plumbing, ceiling, and lighting. The building features ample parking with 20 spaces and is strategically situated in a primarily medical area of Clayton County. Rent bumps are included in the lease agreement. This turnkey investment offers a strong, stable income stream with the benefit of a long-term lease and a motivated seller. The property is offered for sale by owner.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverdale
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3973
- Latitude
- 33.5749
