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1200 Ashwood PkwyAtlanta, GA 30338
1200 Ashwood
Asset ClassOffice
Square Feet: 198,431# Stories: 5Land: 11.64 AcresAccess Data Room
REO class A office in one of Atlanta's most popular suburban office markets with an extensive walkable amenity base
overview of deal

Overview

OFFERS DUE OCTOBER 7 BY 5PM EST

  • Transwestern's Southeast Investment Services Group is pleased to exclusively present for sale 1200 Ashwood, a 5-story, 198,431 SF office building located in Atlanta, Georgia.
  • The Property is strategically located in Atlanta’s Central Perimeter, one of the region’s largest and most dynamic suburban office markets. This area is a preferred destination for businesses and residents alike, thanks to its proximity to affluent neighborhoods, key transportation hubs, and top-tier amenities. Central Perimeter is home to a high concentration of Fortune 500 companies and corporate headquarters, reinforcing its status as a major economic hub in the Southeast.
  • In addition to on-site amenities including a building cafe, fitness center, on-site security and conference center, the Property is also walkable to many of the area’s amenities, including the new Perimeter Marketplace development anchored by Publix.
  • Currently 36% leased, the Property presents significant upside potential through lease-up of existing space or short-term redevelopment opportunities. With three recent lease renewals, leasing momentum is strong, setting the stage for continued growth.
  • 1200 Ashwood’s prime location, redevelopment potential, and the ongoing densification of the surrounding area make the property a compelling opportunity for investors. New ownership gains a significant advantage by acquiring the property at a lower basis than surrounding property investors, further enhancing its appeal.
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Investment Highlights

 

  • Outstanding walkable amenities
  • Positive cash flow at 36% occupancy with reset pricing
  • REO, well below replacement cost
  • Multi-use redevelopment opportunity
  • Unmatched access to Atlanta’s wealthy neighborhoods
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1200 Ashwood PkwyAtlanta, GA 30338

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Listing provided by Revere CRE
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