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20476544
20476545

4451 Alabama Hwy, Rome, GA 30165

DA
GA GA 364633, GA 364633
Ayers Realty, LLC
Listed by Ayers Realty, LLC
$817,500
593 days on market
Updated 25 days ago

4451 Alabama Hwy Medical Office

Details
APN F13Y-244
Property Type Office
Sub Type Medical Office
Square Footage 4,870
Net Rentable (SqFt) 4,870
Units 1
Cap Rate 8.26%
NOI $67,500
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 6.1
Lease Expiration 02/28/2030
Remaining Term 3.7
Rent Bumps Yes
Lease Options Can be
Broker Co-Op Yes
Class B
Year Built 1994
Year Renovated 2022
Buildings 1
Stories 1
Acreage 4.100
Zoning M-1
Parking Spaces 20 spaces
Parking Per SqFt 4.11
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 02/01/2024
Occupancy Date 02/01/2024
Ownership LLC
Sale Condition For sale by owner

Office | 8.26% CAP | 4,870 SqFt

Marketing description

: Read Highlights !
Completely renovated in dec 2022. Property has a 3 year lease.. Started in Jan 2023... 4500 amonth. 2025 $5500.00 per month. 2026- $6250.00 per month up plus $6500,$6600 $6700 thru 2030. Medical Drug Counseling Center… Property has huge upside for expansion and possible corner out parcel for drive thru coffee or food . Rear property great for flexspace additional medical, retail etc… Directly across from Coosa High School. Brand new Dollar General on adjacent corner as well. Also within 5 miles of the new Microsoft data centers due in 2026. All utilities paid by tenant... Microsoft has purchased over 300 acres within 5 miles for a large data center location . Highway has already been upgraded.. rumor start date 24 months .. Opportunity to double or triple cap rate with additional development.

Contact : Dale Ayers 678-983-3870 or call Ayers Realty 706 -232-1112 ask for Dale..

[email protected]

Investment highlights

Property has 4 acres. Current tenant has inquired for more space on property. In addition upside of outparcel cut out in left front corner for drive thru - coffee or food .. Directly across from High School. All other sides are developed. Huge future upside.. additional income stream. Outparcel opportunities. Microsoft has purchased 300+ acres 5 miles away for data center development centers.. Highway has been repaved … approx.. 24 month start date..

Additional Development will increase return ..

Listing Contacts

DA
GA GA 364633, GA 364633
Ayers Realty, LLC
Listed by Ayers Realty, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$67,500.00
$5,625.00/mo

Valuation Metrics

0
DSCR
8.26%
Cap Rate
8.26%
ROI

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Additional Information

Name
Dale Ayers
License
GA 364633
Brokerage
Ayers Realty LLC
Brokerage Phone
6789833870
Title
Agen
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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