Update: This property is no longer available for purchase.
HFF, on behalf of the owner, is marketing for sale Phoenix Medical Center, a 30,465-square-foot, fully-leased medical office building within the Phoenix Corporate Business Park in the Atlanta-area community of College Park, Georgia.
Phoenix Medical Center is situated on 4.9 acres at 1720 Phoenix Boulevard within the well-established Phoenix Corporate Business Park. The property is proximate to Atlanta’s Hartsfield-Jackson International Airport, the busiest airport in the world ranked by both passenger traffic and by the number of flight arrivals. Additionally, the center has access to Interstate 285, one of Atlanta’s busiest highways and a gateway to the Atlanta MSA. The one-story building consists of eight units fully-leased to a variety of doctor’s offices in the primary care, pediatric, gynecological and psychiatric specialties; physical therapists; and a pharmacy. Five of the eight tenants are affiliated with highly-regarded Atlanta-area hospitals, including Emory University Hospital and Atlanta Medical Center. The largest tenant, Piedmont Medical Care Corporation, vacated its space with more than two years remaining on the least term, allowing a new investor to maximize their return by leasing the 8,627-square-foot space to a new tenant.
Phoenix Medical Center is a fully-leased medical office property for sale in Atlanta’s metro area. For more information on this property or how to bid on this commercial real estate listing through Ten-X, contact HFF Managing Director Jules Sherwood in HFF’s Denver office.