OFFERING MEMORANDUM
5512-4481
5512-4481
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INDIVIDUAL SOLD COMP PROPERTY INFORMATION|<br />
SUBJECT PROP - 778 & 798 Rays Rd<br />
5300 Memorial Dr<br />
Property Size 64,033 SF<br />
Sale Price $4,000,000<br />
Price/SF $62.46<br />
SOLD COMP - 833 Campbell Hill St<br />
1<br />
Property Size 63,000 SF<br />
Closing Date 10/01/2015<br />
Sold Price $4,650,000<br />
Price/SF $73.81<br />
THE MARKET<br />
MEMORIAL PLACE & MEMORIAL BEND OFFICE PARK | Georgia |PAGE 18 OF 26<br />
COMMENTS:<br />
This office complex was built in two phases, 1974 and<br />
1986. It is currently 100% occupied with waiting list.<br />
SOLD COMP - 1090 Northchase Pkwy<br />
2<br />
Property Size 106,065 SF<br />
Closing Date 02/12/2016<br />
Sold Price $9,000,000<br />
Price/SF $84.85<br />
COMMENTS:<br />
This office park was built in 1988. It sold at 96% occupancy<br />
at a 8% cap rate.<br />
COMMENTS:<br />
This medical office building was built in 1977. The<br />
property was 77% leased at time of sale.<br />
SOLD COMP - 1500 Cedar Grove Rd<br />
3<br />
Property Size 50,000 SF<br />
Closing Date 02/22/2016<br />
Sold Price $4,050,000<br />
Price/SF $81.00<br />
COMMENTS:<br />
This office building was built in 1971. It was 100%<br />
leased at time of sale.
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