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19493580
19493582

442 Park W Dr, Grovetown, GA 30813

JE
GA GA 282262
Sherman & Hemstreet Real Estate Company
Listed by Sherman & Hemstreet Real Estate Company
$850,000
1074 days on market
Updated 71 days ago

Park West Drive Office

Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 4,024
Units 1
Cap Rate 5.75%
NOI $48,887
Tenancy Vacant
Price per SqFt $211
Class B
Year Built 1995
Buildings 1
Acreage 0.460
Zoning C-2

Former Medical Office in Columbia County

Marketing description

Brand new 5 year lease with three 5 year options to renew! Great income producing property with limited landlord responsibilities. New Tenant is an excellent credit Pharmaceutical Laboratory. Tenant is making improvements to the property as part of their tenancy. Roof is new and interior is being renovated by tenant. The building was previously used as a dialysis center. The layout includes a large open room with offices around the exterior walls.

Site is located just off of I-20 at the Belair Road exit. Fort Eisenhower is minutes away via Jimmie Dyess Parkway which connects directly to Park West Dr. Property is surrounded by retailers to include Cracker Barrel, McDonald's, Pilot Travel Center, multiple hotels, and several light industrial users. Area has high traffic counts and excellent demographics.

Listing Contacts

JE
GA GA 282262
Sherman & Hemstreet Real Estate Company
Listed by Sherman & Hemstreet Real Estate Company

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,887.00
$4,073.92/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Joe Edge
License
GA 282262
Brokerage
Sherman & Hemstreet Real Estate Co
Brokerage Phone
7067228334
Title
Broker in Charge
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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