For Sale $8,750,000
Property Type Office - General Office
Property Size 108,000 SF
Lot Size 13.13 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1980
Date Updated Mar 27, 2024

-A prime commercial real estate portfolio offering a compelling opportunity for investors. With an impressive ~12% cap rate, this strategic investment promises robust returns. Don't miss out on the chance to capitalize on a lucrative venture in the heart of Atlanta's thriving business district. Contact us now to seize this high-yield investment at Water Place.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

~$1M current NOI and 24 month historical average
No deferred maintenance, upgraded all roofs on 3/14/2024
Enjoy easy access to major highways, public transportation, and a wealth of amenities
Parking Ratio: 4.00/1,000 SF

Contacts

Max Norton

BellStreet

(407) 493-8482

Location

Getting Around

Walk Score ®
61/100 Somewhat Walkable
Bike Score ®
28/100 Somewhat Bikeable

City Atlanta, GA
Neighborhood Chattahoochee Bluffs
Zip Code 30339
Market Atlanta

Points of Interest

Medical Center MARTA

7.59 miles
Medical Center

7.62 miles
North Springs

7.71 miles
Sandy Springs

7.75 miles
Buckhead

7.84 miles
Dunwoody MARTA

8.06 miles
Dunwoody

8.07 miles
Lenox

8.48 miles
Lindbergh Center

8.88 miles
Brookhaven

8.98 miles

Shell

0.37 miles
Murphy USA

0.39 miles
Chevron

0.42 miles
Conoco

0.44 miles
QuikTrip

0.67 miles
Texaco

0.70 miles
Shell

0.74 miles
RaceTrac

0.93 miles
Shell

0.94 miles
Shell

0.99 miles

Braves North 29

1.17 miles
Braves East 42

1.28 miles
Braves East 51

1.40 miles
Braves East 47

1.44 miles
Braves East 40

1.47 miles
Braves East 52

1.55 miles
Braves East 31

1.55 miles
Green Parking

1.57 miles
Battery Park Delta Deck

1.57 miles
Yellow Parking

1.61 miles

Courtyard Atlanta Windy Hill/Ballpark

0.59 miles
DoubleTree

0.64 miles
Extended Stay America

0.67 miles
Country Hearth Inn & Suites

0.68 miles
Comfort Inn & Suites

0.75 miles
Red Roof Inn

0.76 miles
Days Inn

0.78 miles
Masters Inn Economy

0.78 miles
Motel 6 - Stadium

0.81 miles
Fairfield Inn & Suites Atlanta Marietta

0.81 miles

Don Chilito's Mexican Taqueria

0.23 miles
China Station

0.27 miles
Julia's Taqueria #2

0.27 miles
Blue Moon Pizza

0.33 miles
Madras Mantra

0.34 miles
Lahore Grill

0.34 miles
China Palace

0.35 miles
Subway

0.37 miles
Wing City

0.40 miles
Dunkin'

0.41 miles

Rose Garden School

1.71 miles
Hawthorne School

1.78 miles
Argyle Elementary School

1.82 miles
East Cobb Middle School

2.13 miles
Brumby Elementary School

2.19 miles
Eastvalley Elementary School

2.32 miles
Eastside Baptist Church & School

2.40 miles
Powers Ferry Elementary School

2.42 miles
Life University

2.47 miles
Smyrna Elementary School

2.48 miles

Prime Step

0.13 miles
KinderCare

0.74 miles
Bright Horizons

1.35 miles
Oxford Babies

3.27 miles
Primrose School

4.04 miles
Allgood Head Start / Pre-K

4.92 miles
Buckhead Preparatory School

4.95 miles
Sunbrook Academy

6.40 miles
Childcare Network

6.85 miles
Kids 'R' Kids

7.45 miles

Frequently Asked Questions

What is the lease rate for Water Pl Office Portfolio?

Rental asking rate at Water Pl Office Portfolio is $4,375,000.00/YR.

What is the total square footage of Water Pl Office Portfolio?

Water Pl Office Portfolio totals 108,000 square feet.

When was this property built?

Water Pl Office Portfolio was built in 1980.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.