Ackerman & Co. Facilitates 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, Georgia, 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 transaction underscores the continued investor appetite for medical office assets, particularly those in prime locations with stable, diversified tenant occupancy.

Patrick noted the sale's significance, stating it represented an excellent opportunity for the buyer to invest in a 100% leased property in a thriving submarket. The property's location in Dunwoody Village, an affluent community in Atlanta's Northeast suburbs, contributed to its high visibility and desirability. The sale concluded above the list price and was finalized in under 30 days from when the property went under contract, indicating a competitive bidding environment. Patrick attributed this success to a marketing process that generated significant interest from investors actively seeking similar product in a market with limited supply of comparable small-suite medical office buildings.

The strategic location at the heart of Dunwoody Village offers the buyer considerable upside potential for income growth. As part of the sale closing, Patrick secured the leasing and property management contracts for Ackerman & Co., ensuring ongoing stewardship of the asset. This aspect of the deal highlights the value of full-service brokerage relationships in commercial real estate transactions. The firm's involvement from sale through to management provides continuity and expertise for the new ownership.

The transaction's rapid closure and premium sale price reflect broader trends in the commercial real estate sector, where medical office buildings remain a resilient asset class. Properties with full occupancy in established, affluent suburban markets like Dunwoody continue to attract investor capital seeking stable returns. The limited availability of similar properties in the submarket further amplifies the importance of this sale, as it demonstrates the premium placed on well-located, fully leased medical real estate. For more information on Ackerman & Co., visit https://www.ackermanco.com.