Multi-Story Office
$1,150,000
2394 Mount Vernon Road, Dunwoody, GA 30338
For Sale
Office
Unknown Sub Type
Active
Last Updated: 03/25/2025
2.35
Cap Rate
27,075
NOI
Details:
Cap Rate: 2.35%
NOI: $27,075
Pro Forma Cap Rate : 11.5%
Building Size: 7,051 sqft
Lot Area: 0.09 acres
Year Built: 1985
Price Per Sqft: $163.10
Highlights:
- VALUE ADD OPPORTUNITY – Tenants currently occupy the property on short-term leases at below-market rental rates, presenting an opportunity to increase NOI through lease restructuring or asset repositioning.
- FLEXIBLE INVESTMENT OR OWNER- USER OPPORTUNITY – The property includes ±1,790 SF of available space, allowing an investor to either occupy the space while benefiting from rental income or lease it out for additional revenue.
- HIGH-QUALITY OFFICE BUILDING – Built in 2004 and meticulously maintained, this ±7,051 SF office property features a modern, efficient layout with a mix of private offices, open workspaces, and meeting areas.
- ROBUST DEMOGRAPHICS - Within a 5-mile radius, the population is approximately 239,013 with projections indicating growth to 242,138 by 2028. The median household income in this area is $131,631, significantly higher than the state median of $74,664.
- EXCELLENT LOCATION – Ideally situated in the heart of Dunwoody, the property offers exceptional accessibility to major transportation routes, including I-285 and GA-400, providing seamless connectivity throughout the Metro Atlanta area. This prime location is surrounded by a wealth of nearby amenities—such as restaurants, retail, and professional services—and benefits from a strong, diverse economic base, making it an ideal setting for businesses seeking convenience, visibility, and long-term growth.
Documents:
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Offering Memorandum
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