Memorial Medical Office Park

Overview

Ackerman & Co. is pleased to offer for sale Memorial Medical Office Park and an income-producing billboard in Decatur, GA. Strategically located at the northeast corner of Memorial Drive and I-285, the property consists of four buildings totaling 27,324 SF and a two-sided billboard with exposure to over 200,000 vehicles per day on I-285 and 42,000 vehicles per day on Memorial Drive. The campus is fully leased to Genesis Alliance for Mental Wellness, a long-term tenant occupying the property since 2007.

Sales Price: $3,025,000

Investment Highlights

• Fully Leased to a Single Tenant – Genesis Alliance for Mental Wellness has operated here since 2007, expanding over time to occupy the entire park.
• Long-Term Lease Stability – History of early renewals reflects tenant commitment and operational success at this location.
• Below-Market Rent – Current rate of $8.65/SF offers strong potential for future rent growth.
• Built-In Income Increases – Annual escalations of approximately 3.5% provide an inflation hedge.
• Major Capital Upgrades Completed – Recent improvements include newer roofs, resurfaced parking lot, curbs, gutters, and striping.
• Billboard Income – On-site signage generates supplemental revenue with exceptional highway visibility.
• High-Profile Location – Immediate access to I-285, adjacent to Memorial Drive Shopping Center, and near the DeKalb County government complex.