Health Insurance Credit Tenant Office Building

3080 Premiere Parkway - Duluth (Atlanta) GA 30097

LTV (Loan to Value)	65.00%	Current NOI	$570,446.00
Interest Rate	4.250%	Capital Rate	8.000%
Fixed Term	10 Years	Land Area	4.79 Acres
Amortization	25 Years	Lease Type	Modified Gross
Loan Amount	$4,634,873.75	Property Type	Office
Payment	$25,108.88	Property Lease	Multi-Tenant
Bulding Size	51,265 SF	Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a multi-tenanted, 51,265 square foot “Class B” single-story office building located in the Duluth submarket of Atlanta, GA.Constructed in 1998, the property is 100% leased to three tenants (Health Insurance Credit Tenant, Rackspace US, Inc., and Saba Software, Inc.). The building offers an investor the opportunity to acquire an institutional quality asset that has an average in-place remaining lease term of 8.4 years. An investor is primed for success by the long term in-place cash flow and the limited rollover risk.

Highlights

Credit Tenant Base with Extensive Lease Term – The rent roll consists of a handful of credit worthy tenants, which…

Property Description

Duluth is a city in Gwinnett County, Georgia and a developed suburb of Atlanta. As of the 2010 census, the city had a population of 26,600. The city is located in the northeastern section of the Atlanta metropolitan area. Approximately 20 miles from downtown Atlanta, Duluth is situated in the west-central section of Gwinnett County. The city is bounded to the north by the Chattahoochee River, northeast by Suwanee, south by unincorporated land and west by Berkeley Lake.