9755 Dogwood Rd, Roswell, GA 30075
44,704 SF | 91% Leased | Office Building | Roswell, GA 30075 | $5,457,000 ($122/SF) | 9.09% Cap Rate
For Sale
Active
Asking Price $5,457,000
- Property Type
-
Office
- Square Feet
- 44,704 SF
- Price / Square Foot
- $122
Listing Contacts
- Property Info
Property Overview
Marcus & Millichap is pleased to present for sale Pavilion Center, a 3-story ±44,704 SF multi-tenanted office property situated on ±2.74 acres in the desirable North Fulton Office Submarket of Atlanta, Georgia. The property is currently fully leased by a diverse and strong office tenancy. Ownership has agreed to a one-year Master Lease on Suite 260 (4,137 SF) at $19 PSF effective on the closing date. Built in 1984, the asset has been well maintained and was renovated in 2023 with $100,000 worth of common area improvements and a new HVAC unit and compressor in 2024. Pavilion Center boasts an attractive physical appearance and offers above average curb appeal with mature, well-maintained landscaping and ample parking. The property benefits from its easy access to the GA-400 / Holcomb Bridge Road interchange providing quick and direct access to Atlanta Proper.
The North Fulton Office Submarket encompasses many of the most affluent suburbs within the Atlanta MSA. The average household income is $166,000 within a 5-mile radius, and the property is surrounded by an amenity rich environment.
The North Fulton Office Submarket encompasses many of the most affluent suburbs within the Atlanta MSA. The average household income is $166,000 within a 5-mile radius, and the property is surrounded by an amenity rich environment.
Property Details
- Class
- B
- Year Built
- 1988
- Stories
- 3
- Lot Size (sq. ft)
- 118,919 SF
Highlights
- Steady cash flows, below-market rents, average 3% annual escalations
- Half mile to GA-400/Holcomb Bridge Rd Interchange | Central Perimeter (6.5 miles) and Buckhead (10 miles)
- Future Direct Access to GA-400 with GA Department of Transportation project
- Affluent metro of Atlanta ($166K AHHI 5 miles) | Access to North Fulton, Central Perimeter, & Peachtree Corners office markets & quality labor pools
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