OnsiteRIS
2010 Avalon Parkway - McDonough (Atlanta) GA 30253
LTV (Loan to Value) | 65.00% | Current NOI | $348,000.00 |
Interest Rate | 4.250% | Capital Rate | 8.500% |
Fixed Term | 10 Years | Land Area | 2.97 Acres |
Amortization | 25 Years | Lease Type | Absolute NNN |
Loan Amount | $2,661,165.00 | Property Type | Office |
Payment | $14,416.54 | Property Lease | Office Building |
Bulding Size | 24,000 SF | Remaining Terms | 10 Years |
Location Description
NNN Lenders is pleased to offer for sale to qualified investors a 24,000 square foot freestanding office property located in McDonough, Georgia leased to OnsiteRIS, Inc. Onsite is operating under a ten (10) year absolute triple net (NNN) lease with three (3), five (5) year option periods including 2% increases annually in the base term and each option period. The property is strategically located in a suburb of the Atlanta MSA with easy access to I-75, Highway 155, and Highway 20. The property is located in the Avalon Business Center with a large shopping center and multiple industrial parks within a one (1) mile radius.The property is 100% leased to OnsiteRIS, Inc., a highly successful Managed Service Provider (MSP). Onsite is currently responsible for over 20,000 devices with the help of over 60 employees. It delivers value and systems to make organizations more efficient and assures clients that their data is secure.
Highlights
Superior Location – The subject property is located in McDonough, GA, a part of the Atlanta MSA. There are over…
Property Description
Located just 30 minutes south of Atlanta and Hartsfield-Jackson International Airport, the City of McDonough is home to just over 23,000 residents. While maintaining its southern charm, the City of McDonough is a thriving, picturesque community that is the center for activities, art, and commerce for Henry County and the southern arc of Metro Atlanta.