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3980 4000 Dekalb Technology...

DeKalb Park LLC Acquires DeKalb Technology Center From CapRidge Partners For $41.6M
SOLDMixed-use

DeKalb Park LLC Acquires DeKalb Technology Center From CapRidge Partners For $41.6M

3980 4000 Dekalb Technology Parkway

$41,600,000

$146/SF

Building Size

285,000 SF

Asset Type

Mixed-use

Closing

Sep 10, 2025

AI

The asset involved in the transaction is a mixed-use property located at 3980-4000 Dekalb Technology Parkway, Atlanta, GA. The property has a total square footage of 285,000 and was sold for $41,600,000, resulting in a price per square foot of $146. The property consists of eight buildings within the DeKalb Technology Center, which is currently over 90% leased.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $41,600,000
  • Sale Date: 09/10/2025
  • Market: Atlanta, GA
  • Seller: CapRidge Partners
  • Buyer: DeKalb Park LLC
  • Brokers: Tom Shafer, Chase Mathews & John Hinson - OnPace Partners
  • Square Footage: 285,000
  • Price per Square Foot: $146

CapRidge Partners previously acquired the property for $31,000,000 in 2022 when occupancy was at 67%. The recent acquisition by DeKalb Park LLC was facilitated by brokers Tom Shafer, Chase Mathews, and John Hinson, representing OnPace Partners.

Players

Tom Shafer

OnPace Partners

Broker

$41.6M

vol

1 deal

Broker

Atlanta Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93