118-124 N McDonough St - Office FOR SALE


Jonesboro, GA 30236
$2,200,000 USD
678-808-2745
118-124 N McDonough St, Jonesboro, GA for Sale
$2,200,000 USD
Office - FOR SALE
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118-124 N McDonough St
Jonesboro, GA 30236


HIGHLIGHTS

  • • Located in the heart of downtown Jonesboro in the burgeoning Aerotropolis submarket. Steps from Clayton County courthouse as well as Jonesboro City.
  • • In-place executive suites model ideal for capturing market leasing demand, typically with minimal tenant improvement requirements.
  • • Diversified rent roll with wide array of business sectors, including healthcare and medical office uses.

OVERVIEW

• Value-add investment opportunity with ability to lease-up remaining spaces and push rents or reposition asset to attract long-term users. • Located in the heart of downtown Jonesboro in the burgeoning Aerotropolis submarket. Steps from Clayton County courthouse as well as Jonesboro City Center. • In-place executive suites model ideal for capturing market leasing demand, typically with minimal tenant improvement requirements. Current management team open to staying on with new ownership. • Diversified rent roll with wide array of business sectors, including healthcare and medical office uses. • The property includes a vacant land parcel adjacent to the office buildings.

FOR SALE DETAILS

PRICE

$2,200,000 USD

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

McKenzie Office Suites

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

H-1

APN/PARCEL ID

13241BF003,13241BF003A,13241BF004

ASK ABOUT THIS PROPERTY

Justin CaudillMarcus & MillichapMore Info
678-808-2745

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Justin CaudillMarcus & MillichapMore Info
678-808-2745

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