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Mayfair Royal 181 14th St NE 29,493 SF 52% Leased Office Building Atlanta, GA 30309 $7,225,000 ($244.97/SF) 4.51% Cap Rate
INVESTMENT HIGHLIGHTS
- Redevelopment opportunity in the heart of Atlanta.
EXECUTIVE SUMMARY
Unique Owner/User or Redevelopment Opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
29,493 SF
Building Class
B
Year Built
1991
Price
$7,225,000
Price Per SF
$244.97
Cap Rate
4.51%
NOI
$326,000
Percent Leased
52%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,008 SF
Slab To Slab
10’
Building FAR
3.02
Lot Size
0.22 AC
Zoning
SPI-16 - Special Public Interest
Parking
72 Spaces (2.8 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 150 | 2,287 SF | Office | - | Now |
| 2nd Fl-Ste 200 | 6,008 SF | Office | Partial Build-Out | Now |
| 3rd Fl-Ste 300 | 6,008 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 150
| Size |
| 2,287 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 6,008 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 300
| Size |
| 6,008 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 150
| Size | 2,287 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 6,008 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 300
| Size | 6,008 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 17-0106-0006-471-4 | Improvements Assessment | $1,100,000 |
| Land Assessment | $300,000 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
17-0106-0006-471-4
Land Assessment
$300,000
Improvements Assessment
$1,100,000
Total Assessment
$1,400,000
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Entrance
Entrance
Main Lobby Entry View
Lobby
Lobby
Context
Building Photo