2135 American Industrial Way - Office FOR SALE


Chamblee, GA 30341- Downtown Chamblee
$14,000,000 USD
404-441-3849
2135 American Industrial Way, Chamblee, GA for Sale
$14,000,000 USD
Office - FOR SALE
1/10
null | 7.5% Cap Rate

2135 American Industrial Way
Chamblee, GA 30341
Downtown Chamblee


HIGHLIGHTS

  • Wheels Up Corporate Headquarters & Member Operations Center
  • Consortium Led by Delta Air Lines Owns 85% of Wheels Up
  • NNN Lease with 2.75% Annual Rent Increases
  • Less Than 2 Miles from PDK Airport | 2nd-Busiest General Aviation Reliever Airport in the State of Georgia
  • Located in Dekalb County's Fastest-Growing City | Chamblee, GA
  • Atlanta MSA

OVERVIEW

CBRE is pleased to exclusively offer for sale the land and building being occupied by the Wheels Up Corporate Headquarters & Member Operations Center situated on 2.06 acres in Downtown Chamblee – a northeastern component of the Atlanta MSA (Population: 6.48M). Wheels Up’s NNN lease commenced in 2023 and features ±8.3 years of primary term remaining with 2.75% annual rent increases throughout the initial term. The lease also includes two 5-year renewal options with rent initially set to FMV.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$394 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wheels Up Corporate Headquarters

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

X

APN/PARCEL ID

18-308-04-001

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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