Bank of America & Pacific Dental (Atlanta MSA)

1425 Riverstone Parkway,
Canton, GA 30114

Property: Investment Sales

Square Footage: +/- 6,566

Acreage: +/- 0.97

Price: $2,495,000

Cap Rate: 5.50%

Description:

  • 100% occupied by corporate credit tenants
  • Bank of America operates over 4,800 retail centers; Pacific Dental operates 535 locations
  • Recent 2013 redevelopment – no deferred maintenance
  • Net leases allow full expense pass through and favorable 10% rent increases significantly increase cash flow
  • Prime location – focal outparcel near the entrance to Riverstone Plaza national tenant anchored power Center near major highway
  • Two tenant building on NN leases provides easy financial ownership oversight
  • Newer construction and outstanding build quality leave no deferred maintenance obligations for new ownership
  • Net leases allow all operating expenses to be passed to Tenants, including management fees. Limited Landlord responsibilities
  • Well maintained – pride of ownership property
  • Focal location near entrance of Riverstone Plaza – Highly successful center featuring Michaels, Bealls Outlet, uncompromised construction quality create a standout O’Charley’s, Applebee’s, Famous Footwear, Wells Fargo, property, only adding to the property’s prominence Ross, Panda Express, Publix Red Lobster, Hibbet Sports, Belk, Hallmark, Chase Bank and McDonald’s
  • First rate architectural design and detail, combined with  uncompromised construction quality create a standout property, only adding to the property’s prominence
  • To be offered free & clear of existing – take advantage Historically low interest rates
  • Strong demographics, with over 61,384 people living With a 5-mile radius and an average household income of $76,240
  • Cherokee County’s success in attracting corporate  investment – by both new and existing companies – is due to many factors including a pro-business incentive structure, low property taxes, a highly skilled workforce, world-class infrastructure, and an attractive location
  • Northside Hospital, the nationally renowned hospital, recently Completed a $286 million dollar relocation hospital project

Bank of America & Pacific Dental (Atlanta MSA)

Downloads

Investment Package         

Contact

Brent Hensley
760-452-2401 - Main
760-473-0520 - Mobile
brent@1031nnnsearch.com