3505 Duluth Park Ln - Medical FOR SALE


Duluth, GA 30096- Downtown Duluth
$1,400,000 USD
770-605-8841
3505 Duluth Park Ln, Duluth, GA for Sale
$1,400,000 USD
Medical - FOR SALE
1/11
null | 6.69% Cap Rate

3505 Duluth Park Ln
Duluth, GA 30096
Downtown Duluth


OVERVIEW

Single-tenant investment opportunity located in the City of Duluth, one of Gwinnett County's most desirable and business-friendly submarkets. Located minutes from Northside Hospital - Duluth. The property consists of approximately 5,850 square feet and is occupied by a long-term tenant that has successfully operated at the location since 2010. The existing lease provides stable cash flow with a remaining lease term through June 30, 2027, plus two (2) additional three-year renewal options. The lease structure requires the tenant to pay real estate taxes and utilities, helping reduce ownership responsibilities and operating expenses. Ownership is responsible for building insurance and association dues. Association dues provide coverage for common area maintenance items including parking lot maintenance, sidewalks, landscaping, trash service, and other common area expenses, creating a simplified ownership experience for investors. This offering presents an attractive opportunity to acquire a stabilized office investment with an established tenant history, predictable income stream, and limited landlord responsibilities in a highly sought-after Northeast Atlanta location. Property Highlights: 5,850 SF office building Located in Duluth, Georgia Long-term tenant in place since 2010 Lease expiration: June 30, 2027 Two (2) three-year renewal options Tenant pays taxes and utilities Owner responsible for insurance and association dues Association covers parking lot, sidewalks, landscaping, trash, and common area maintenance Stable cash-flow investment opportunity Strong Gwinnett County office location

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

6.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 300

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,850 SF

ZONING

C2, Duluth

APN/PARCEL ID

6-295-107

ASK ABOUT THIS PROPERTY

Drew CurtinRE/MAX CenterMore Info
770-605-8841

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Drew CurtinRE/MAX CenterMore Info
770-605-8841

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