Single-Tenant | 8.4% Cap Rate | 13-Year Lease | State of Georgia Tenant | AAA Credit | Atlanta MSA Location

1335 Citizens Pkwy, Morrow, GA 30260

Accepting Offers

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Asking Price

$6,350,000

Single-Tenant | 8.4% Cap Rate | 13-Year Lease | State of Georgia Tenant | AAA Credit | Atlanta MSA Location

1335 Citizens Pkwy, Morrow, GA 30260

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 1984

Land Area: 1.13 Acres

Property Size: 14,597 SF

Property Type: Office

Occupancy %: 100

Year Renovated: 2024

Number of Floors: 1

Single-Tenant | 8.4% Cap Rate | 13.5-Year Lease | State of Georgia Tenant | AAA Credit | Atlanta MSA Location

Opportunity to acquire a renovated, long term state government leased facility in Morrow, a popular Atlanta submarket. The lease is fully guaranteed by the AAA credit of the State of Georgia. The facility was renovated in 2024 for the Georgia Department of Community Supervision (DCS). Extensive remodeling plus capital improvements including HVAC, parking lot and a new roof were completed to suit the tenant. DCS is an essential service facility managing community supervision through a network of 55 field offices across the state. The property is well located in the main commercial and retail area of Morrow. Morrow is a popular bedroom community in the Atlanta area MSA.

Sale FAQs

Investment Sales Broker

Austin Bull

Austin Bull

Bull Realty, Inc.

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXX

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