124 3RD ST Macon GA 31201-3404

Southtree Commercial Real Estate is pleased to present this exceptional investment opportunity of Piedmont Occupational Medicine, a facility spanning 12,750 square feet on a prime 1.00-acre lot located in the historical district of Macon, GA. Currently leased to Piedmont Urgent Care by Wellstreet, LLC, this asset offers an impressive 10 years remaining on a Triple Net (NNN) lease, providing a stable and predictable income stream. The land is currently ground leased to the Landlord, with 48 years remaining in term. The Occupational Medicine group has experienced great success and shown a strong commitment to this location. They began occupancy in April of 2001, remaining in place for 23 years, and recently signing a new 12 year lease extension.

Piedmont Urgent Care by WellStreet is a leading healthcare provider within the urgent care sector, known for its robust and reliable services. They represent a significant presence in urgent care, combining efficient service delivery with a strong support network and a commitment to quality care. Piedmont Urgent Care by WellStreet has 74 locations across the state of Georgia.

Annual rental escalations of 3.00% ensure that the income generated from this property will grow over time, enhancing the investment's long-term value and return. With a reputable tenant in place and a well-structured lease agreement, this property represents a secure and lucrative opportunity for investors seeking a reliable and low-maintenance income-generating asset.

• Apart of a portfolio which also includes:

  • 1000 Commerce Drive, Peachtree City, GA (https://www.crexi.com/properties/2035141/georgia-1000-commerce-drive)

  • 730 Glynn Street, Fayetteville, GA (https://www.crexi.com/properties/2035112/georgia-730-glynn-street)

  • Portfolio can be separated or acquired together.

• NNN Lease - Minimal Landlord responsibilities

• New 12 Year Lease Term | 10 Years Remaining

• Piedmont Urgent Care by WellStreet has 74 locations in Georgia

• In partnership with other healthcare providers WellStreet as a total of 129 locations nationwide

• High performing Occupational Medicine location for approximately 25 years

• Accessible location to the Macon metro