Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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(Bike/Boat/Book/etc) Store Corporate Office
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(Bike/Boat/Book/etc) Store Corporate Office
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Insurance Agency
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Home Health Care Service Employment Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OPC · Roswell, GAZoning
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Zoning designation
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