1100 Old Ellis Rd - Loft/Creative Space FOR SALE


Roswell, GA 30076
$7,489,000 USD
404-323-3107
1100 Old Ellis Rd, Roswell, GA for Sale
$7,489,000 USD
Loft/Creative Space - FOR SALE
1/32
null | 8.25% Cap Rate

1100 Old Ellis Rd
Roswell, GA 30076


HIGHLIGHTS

  • 100% leased to 3 tenants
  • Class A finishes
  • Rare Light Industrial zoning in affluent North Fulton, widening the tenant pool beyond what an office park can take
  • Roof replaced 2021
  • Low maintenance and low cost operating expenses (~$3.14/SF)
  • Positioned 5 minutes from GA 400 – the artery to the fastest growing cities and counties in Metro Atlanta

OVERVIEW

28,818 SF class A office building with a rare lab and clean room component, on 3.85 acres of Light Industrial land in Roswell. Originally built in 1999 as a regional headquarters and since divided into three private suites, each with its own entrance. Two roll-up doors and a truck court serve the rear of the building. 89 parking spaces. GA 400 accessible within five minutes. 100% leased to three tenants: a Fortune 500 medical device manufacturer, an independent Georgia compounding pharmacy and a 45-year-old office technology company. Weighted average lease term is 3.9 years, so term extension sits inside the hold period as value-add. Lab and clean room built out in 2012 and has been in continuous specialty use ever since. The roof was replaced 2021, and the property is low maintenance with operating costs running at around $3.14/SF. Rent roll and lease abstracts available for qualified parties and requires a signed confidentiality agreement.

FOR SALE DETAILS

PRICE

$7,489,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

89

LAND DETAILS

LAND ACRES

3.85 AC

LAND SF

167,706 SF

ZONING

IL

APN/PARCEL ID

12-2250-0545-065-3

ASK ABOUT THIS PROPERTY

Matt ParisiIndustry Real Estate Partners, LLCMore Info
404-323-3107

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Matt ParisiIndustry Real Estate Partners, LLCMore Info
404-323-3107

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.