1705 Mount Vernon Rd
11,736 SF 100% Leased Office Building Dunwoody, GA 30338 £1,920,562 (£163.65/SF) 7% Net Initial Yield
EXECUTIVE SUMMARY
1705 Mt. Vernon is a 11,752 square foot office building located in the heart of Dunwoody Village. Dunwoody Village is the commercial/retail epicenter of Dunwoody and is home to countless restaurants, retail, and banking establishments. 1705 Mt. Vernon is 1 of 9 buildings located in the Mt. Vernon Square Office Park. This is one of the most visible buildings in the park with monument signage and visibility on Mt. Vernon Road. The building and office park also benefits from traffic light ingress/egress. There are 5 long tenured tenants who provide a stable income stream making vacancy very rare. This offering presents a rare opportunity to own a stable investment in the heart of one of the most affluent suburbs in metro Atlanta.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,736 SF
Building Class
B
Year Built
1983
Price
£1,920,562
Price Per SF
£163.65
Net Initial Yield
7%
NOI
£134,439
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,912 SF
Building FAR
1.98
Lot Size
0.14 AC
Zoning
OI
AMENITIES
- 24 Hour Access
- Signage
- Kitchen
- Reception
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 18-366-05-056 | Improvements Assessment | £578,265 (2023) |
| Land Assessment | £56,060 (2023) | Total Assessment | £634,325 (2023) |
