Ackerman & Co. Facilitates Quick Sale of Fully Leased Medical Office Building in Dunwoody

Ackerman & Co. has closed the sale of 1730 Mount Vernon Road, an 11,386-square-foot medical office building in Dunwoody, Ga., on behalf of the seller. The building is fully leased to a diverse mix of medical and professional office tenants. Sean Patrick, Senior Vice President at Ackerman & Co., represented the seller, 1730 Mount Vernon Road LLC.

‘This was an excellent opportunity for the buyer to invest in a 100% leased medical office building in a thriving submarket in a high-visibility location in Dunwoody Village,’ said Sean Patrick. ‘I’m pleased to achieve a sale above the list price and succeed in closing the sale in under 30 days from when the property went under contract. Our marketing process created lots of interest with many investors looking for similar product.’

As part of the sale closing, Patrick was able to win the leasing and property management contracts for Ackerman & Co. The property is strategically located in the heart of Dunwoody Village, an affluent community in Atlanta’s Northeast suburbs. With limited supply of comparable small-suite medical office buildings in the submarket, the property offers the buyer excellent upside potential for income growth.

The transaction underscores the continued investor appetite for medical office assets, particularly those in established, affluent suburban locations like Dunwoody. The speed of the sale and the final price point exceeding expectations signal a robust market for well-positioned healthcare real estate. The deal also demonstrates Ackerman & Co.’s brokerage capabilities in generating competitive interest and securing ancillary business, such as management contracts, following a sale. For more information about Ackerman & Co., visit https://www.ackermanco.com.

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