For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 320 W Lanier Avenue is Mainstreet Office Center, a ±27,799 SF, two-story multi-tenant office building built in 2008 on 2.74 acres in Fayetteville, GA. Income is anchored by Regions Bank, rated A- by S&P and Fitch, at $149,870 annually through February 2029, and Regus, which occupies the full 10,659 SF second floor, about 51% of base rent, under a lease recently extended through March 2032 with two 5-year options and a ROFR on the rest of the second floor. Adoration Home Health, a BrightSpring Health Services company, renewed its 2,544 SF Medicare-certified home health office through May 2029, while Southern Tech, a veteran-owned federal IT contractor, maintains its headquarters in the building. Berkshire Hathaway is also identified as a major tenant. Two smaller suites lease at $17.00 to $17.50 PSF and roll in 2027 and 2028, below the $24.00 to $35.88 PSF paid by larger tenants, giving a buyer a path to mark rents to market. The brick building offers 122 surface spaces and frontage on both sides of the Highway 54 couplet with 28,700 combined VPD. Fayetteville growth is driven by Trilith Studios, the planned U.S. Soccer national training center and two data center campuses by Oceanic and QTS.
Due Diligence
Location
Mainstreet Office Center sits at 320 W Lanier Ave in Fayetteville, GA, on a parcel bounded by W Lanier Ave and Stonewall Ave W, the Highway 54 couplet carrying 28,700 combined VPD. The site is near Fayetteville government offices and Hwy 54 retail, with 9,093 daytime workers within 1 mile, and lies on the corridor leading north to Trilith Studios and planned data center campuses.
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
