McWhirter Realty
Listed by McWhirter Realty
$1,375,000
Fresenius Medical Care
Details
Property Type Retail
Square Footage 7,122
Cap Rate 6.45%
NOI $88,746
Lease Type NN
Remaining Term 7.5
Lease Options Two 5-year options
Year Built 2001
Acreage 0.760
Ownership Fee Simple
Retail | 6.45% CAP | 7,122 SF
Marketing description
We are excited to present a unique investment opportunity at 1078 Plaza Avenue, nestled on the campus of Dodge County Hospital in the heart of Eastman, Georgia. This prime property, built in 2001, boasts a 7,122 square foot building situated on a spacious 0.76-acre lot. The property's main attraction is its long-term tenant, Freneuis Medical, who has occupied the building for over two decades, and has 7.5 years left on their lease. With a strong and established tenant in place, this offering promises an attractive return on investment and the potential for long-term financial security
Investment highlights
- Location: Situated on the esteemed campus of Dodge County Hospital, 1078 Plaza Avenue enjoys excellent visibility and accessibility, making it a prime destination for local residents and healthcare-related businesses. The property's strategic location within the hospital campus is a key driver of its appeal, ensuring a steady flow of potential customers for the tenant and providing investors with a stable income stream.
- Building: The property, constructed in 2001, features a well-maintained, 7,122 square foot building, equipped to meet the needs of the medical tenant, Freneuis Medical, and conveniently located within the hospital complex. The modern construction and design of the building, in addition to its strategic location, enhance its investment appeal.
- Tenant: Freneuis Medical is a reputable and established medical facility, known for its commitment to quality healthcare services. With a remarkable 20-year history of tenancy within the Dodge County Hospital campus, Freneuis Medical has proven its dedication to the Eastman community, showcasing the stability and reliability of this investment.
- Lease Term: With 90 months remaining on their lease, investors can enjoy the security of a steady income stream while also having the flexibility to explore different options when the lease term concludes. This combination of stability and opportunity makes 1078 Plaza Avenue an attractive investment choice
Listing Contacts
McWhirter Realty
Listed by McWhirter Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,746.08
$7,395.51/mo
Valuation Metrics
0
DSCR
6.45%
Cap Rate
6.45%
ROI
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