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SELLING:
Four attractive office buildings in a great location. Buildings at
100 & 400 Wendell Court are fully leased with 1, 2 and 3 year
leases running through 6/2001. 200 Wendell Court will be fully leased
7/1/99 subject to execution of Letter of Intent for 10 year lease
with 1 year renewal options. 500 Wendell Court is partially leased.
Individual office suites and flexible open floor plans. All buildings
are single story, except 500 Wendell Court which is 2 stories. All
utilities. 400 & 500 Wendell Court have separate meters. Major
HVAC, boilers, lighting and controls upgrades over last 5 years. 277
parking spaces. Excellent user investment potential.
AREA DESCRIPTION: This complex is strategically
located immediately northeast of the I-20/Fulton Industrial Blvd.
interchange and just 1/2 mile from the Fulton County Airport/Charley
Brown Field. Also convenient to Atlanta's Hartsfield International
Airport. Outstanding access to downtown and all areas of Atlanta.
Numerous business incentives also help the Fulton Industrial Business
District maintain its premier position in the competitive Atlanta market.
INSPECTION: Friday, March 26, Noon - 2 p.m.
Call Norm Egort 1-770-641-8988 or Mike Loftin 1-800-273-4711 for
property information package, plats or other details.
TERMS: 15% DOWN, $25,000 per building cashier's
check or bank check, balance 30 days. Owner financing available. |
BUILDING
DATA
|
BUILDING 100 |
20,425±
sq. ft. |
|
BUILDING 200 |
20,425±
sq. ft. |
|
BUILDING 400 |
20,425±
sq. ft. |
|
BUILDING
500 |
29,550±
sq. ft. |
|
TOTAL: |
90,825±sq.
ft. |
|
AREA: |
|
6.58 ACRES |
|
YEAR
BUILT: |
|
1973 |
|
CONST: |
|
STEEL & STUCCO |
|
TAXES: |
|
$14,154 |
|
GROSS
INCOME |
$593,400 |
|
EXPENSES |
$188,958 |
|
NET
OPERATING INCOME |
$404,442 |
DIRECTIONS: From I-20 W. Exit 14. North on
Fulton Industrial Blvd. Right on Wendell Dr. at first traffic light.
Left on Wendell Ct. |
