Property summary
This exceptional 14,000 square foot multi-tenant office building presents a compelling investment opportunity in Riverdale, Georgia. Located at 148-154 Valley Hill Rd, 30274, this Class B property offers a blend of creative, executive, and traditional office spaces, currently boasting 70% occupancy with ten tenants under a gross lease structure. The asking price is $875,000, translating to a price per square foot of $62.50. The property's adaptable layout caters to diverse business needs, making it suitable for a variety of tenants, including those in the beauty and wellness industries. Its prime location ensures excellent visibility and accessibility, contributing to a steady stream of potential tenants and maximizing rental income. The building features ample parking and is situated in a General Business (GB) zoning district. This investment offers significant potential for long-term growth and impressive returns due to its strong leasing history and the opportunity to increase occupancy. The well-maintained building provides a comfortable and functional environment for tenants, supported by responsive management. This property is an attractive option for investors seeking a stable and lucrative addition to their portfolio. The adaptable spaces allow for various commercial uses, including office spaces, salon suites, and other flexible options. High-speed internet connectivity is available. This is a rare opportunity to acquire a prime multi-tenant property in a thriving commercial area.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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