Rare opportunity to acquire premium commercial real estate at auction in Sandy Springs' top-tier business location, Morgan Falls Office Park

ATLANTA, GA / ACCESSWIRE / November 15, 2024 / ELITE AUCTIONS, a leader in luxury real estate auctions, announced the latest addition to its lineup of luxury residential, commercial, and undeveloped real estate listings selling at auction without reserve this November.

A 65,000-square-foot high-tech and collaborative commercial office space in the heart of Atlanta, Georgia, is heading to the auction block on Wednesday, November 20, where it will be sold to the highest bidder on auction day, regardless of price.

Located within the Morgan Falls Office Park off Roswell Road, a well-known multi-building campus, Building 100 offers a rare opportunity for buyers seeking a prime property in one of Atlanta's most dynamic business regions.

Ideally situated near the banks of the Chattahoochee River, Building 100 offers a prime location that combines accessibility with the natural beauty of the surrounding area, offering businesses a strategic location with excellent visibility from Roswell Road and direct access to major highways such as I-285 and GA 400. Public transportation options are also nearby, offering further ease of access for employees and clients alike.

As part of Sandy Springs' thriving economy - home to Fortune 500 companies like UPS and a concentration of tech, finance, and healthcare firms - Building 100 offers potential buyers a strong foundation in Atlanta's Northern Arc, a region renowned for economic growth and opportunity.

This commercial property spans three floors with 22,000 to 65,000 square feet of available space, each floor featuring recently renovated Class A finishes, reflecting modern design and superior quality.

Significant updates include a new chiller and cooling tower added in 2017 and a new 25-year white membrane roof, ensuring the building's systems are up-to-date and reliable.

The sale includes $1.3 million worth of furnishings, accompanied by a creative build-out opportunity with a tenant improvement allowance of $100 per square foot, offering a truly turnkey solution for businesses that are ready to move in and begin operations. The building is also managed by an on-site property management team, providing immediate assistance and ensuring smooth operations.

"This auction allows both businesses and investors to secure a valuable piece of commercial property in a rapidly growing part of Atlanta's northern corridor,"said Randy Haddaway, Founder and CEO of Elite Auctions."It's rare to see an auction like this in such a sought-after area, meaning this is a can't-miss opportunity for companies looking to establish a strong presence in the greater Atlanta metropolitan area."

Building 100, 7840 Roswell Rd, is open to prospective buyers to preview by appointment only. Call Elite Auctions at 508-942-3769 or email Bid@EliteAuctions.com to schedule.

The auction will be held on-site on Wednesday, November 20, 2024 at 11:00 a.m. local time, with registration beginning at 9:00 a.m. Bids will also be accepted via phone.

For additional information on this auction and other Elite Auctions sales, please call 844.94-ELITE, email info@eliteauctions.com, or visit www.EliteAuctions.com.

About Elite Auctions

Elite Auctions is a full-service, luxury real estate marketing company that bases its sales strategy on a collaborative team of partners and an accelerated sales process across the United States and internationally. Elite's Founder and CEO, Randy Haddaway, is a former full-service advertising agency executive and former Senior Vice President of a prominent real estate auction firm. Their track record speaks for itself, with our leadership generating more than $1 billion in sales and more than $1.5 billion in advisory marketing services. For more information, call 844.94-ELITE.

SOURCE: Elite Auctions