Single-Tenant | 8.4% Cap Rate | 13.5-Year Lease | State of Georgia Tenant | AAA Credit | Atlanta MSA Location
$6,350,000
1335 Citizens Pkwy, Morrow, GA 30260
14,597 sqft
Building Size
1.13 acres
Lot Area
Details:
Description:
Opportunity to acquire a renovated, long term state government leased facility in Morrow, a popular Atlanta submarket. The lease is fully guaranteed by the AAA credit of the State of Georgia.
The facility was renovated in 2024 for the Georgia Department of Community Supervision (DCS). Extensive remodeling plus capital improvements including HVAC, parking lot and a new roof were completed to suit the tenant.
DCS is an essential service facility managing community supervision through a network of 55 field offices across the state. The property is well located in the main commercial and retail area of Morrow. Morrow is a popular bedroom community in the Atlanta area MSA.
Renovated State of Georgia leased facility situated in the main commercial and retail area of Morrow within the North Clayton/Airport office market, just south of Atlanta with convenient access to I-75/85 and I-285.
Documents:
| Title | ||
|---|---|---|
| 1335_Citizens_OM.pdf |
Location
Gallery
