Description

We are pleased to offer Phoenix Office Park at 1651 - 1571 Phoenix Blvd in College Park, Georgia, for sale at $6,000,000. The property totals approximately 99,242 SF.

This is an excellent opportunity to acquire over 10 acres of contiguous land, with 14 single story office buildings, nearly adjacent to the world's busiest airport. This offering can be considered a covered land pay, where an investor can focus on getting the existing office properties leased up to more than the current 29%, or a developer can purchase this property with the intent to redevelop into another use such as a distribution center or an industrial building(s).

The property benefits from having direct frontage on I-285 with 178,000 cars passing per day. The location also provides easy access to both I-85 and I-75, and it is nearly adjacent to Hartfield Jackson International Airport. To keep the property as-is, there will be some capital improvements needed to several of the buildings to get them leaseable. Several buildings have roof leaks above vacant spaces and then building 1591 sustained a fire so in need of repair

Highlights include: Covered land play of over 10 contiguous acres across from the world's busiest airport - Hartsfield Jackson International Airport; Currently configured with 14 single story office buildings at 29% occupancy; Easy upside with leasing efforts on the current office configuration; Excellent site for an industrial or a distribution development due to access to multiple interstate highways and the cargo component to the airport; Signage opportunities on I-285 with 178,000 cars passing per day; Owned by the same family for multiple decades - not previously on the market for sale; The site benefits for having all utilities, thus an easy conversion to another use as opposed to developing raw land.

Located in Atlanta, GA 30349, the area encompassing 1651 - 1571 Phoenix Blvd is part of a bustling commercial and business district. This corridor, situated near Hartsfield-Jackson Atlanta International Airport, is home to a variety of office buildings, corporate headquarters, and service-oriented businesses, making it a hub for business activities and professional services. The area benefits from excellent transportation links, including easy access to major highways such as I-285 and I-85, enhancing its connectivity to the greater Atlanta metropolitan area. With numerous hotels, restaurants, and amenities catering to both business travelers and local professionals, Phoenix Blvd is a dynamic and strategically significant location within Atlanta's commercial landscape.

Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour..