New
$15,645,000
7.2% cap · 36,240 sq ft RBA · Class C
7446 Moreland Ave NE
Atlanta, GA 30316
Listed yesterday$432/sq ft
01 / 05
NewComing SoonOffice
$15,800,000
576 N Highland Ave NE
Buckhead · Atlanta, GA 30308
$300/sq ft4 days on market758 views45 saves
Key facts
- Interior
- 52,580 sq ft
- Lot
- 4.12 acres
- Year built
- 1987
- Property type
- Office
- Price / sq ft
- $300/sq ft
- Annual taxes
- $145,360
- Days on market
- 4
Getting around
Walk Score51
Somewhat Walkable
Transit Score41
Some Transit
Bike Score42
Somewhat Bikeable
About this property
A Class B office building on N Highland Ave NE trading at a 7.8% cap with 76% occupancy. Current NOI supports the 7.8% going-in yield with room above it as leases reset.
Investment summary
Investment summary
Cap rate
7.80%
Net operating income ÷ price
Net operating income
$1,232,400
Annual, after operating expenses
Cash-on-cash
+6.7%
$315,422 annual cash flow on $4,740,000 equity
Occupancy76%
39,961 sq ft leased of 52,580 sq ft
- Tenants
- 7
- Rentable area
- 52,580 sq ft
- Price / sq ft
- $300/sq ft
- WALE
- 6.5 yrs
- Lease type
- Modified Gross
- Building class
- Class B
- Zoning
- CBD
- Parking
- 121 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $916,978 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Interior
- Bike Room & Showers
Parking & Access
- Structured Parking
Highlights
- Fiber Connectivity
- LEED Gold Certified
- Recent Capital Improvements
- NNN Leases in Place
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2023-02-28 | Sold | $13,001,000 |
| 2026-07-21 | Listed | $15,800,000 |
Location
Buckhead, Atlanta — Fulton County
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Approximate location · Buckhead
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Estimated monthly
$95,786/mo
- Principal & interest83%$79,064
- Property tax13%$12,113
- Home insurance5%$4,608
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
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Loan amount $12,640,000 · 30 yr · 6.40%
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