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27903664
27903663

1500 Oglethorpe Avenue, Athens, GA 30606

TE
GA GA H-55863, GA 379083
Southern Land Exchange, LLC
Listed by Southern Land Exchange, LLC
$985,000
224 days on market
Updated 44 days ago
Contract Pending

Athens Medical Office NNN Investment Portfolio

Details
Property Type Office
Sub Type Medical Office
Cap Rate 7.00%
NOI $73,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Class B

Medical Office in Athens' Resource Medical Office Park available for the first time.

Marketing description

SLE Commercial Group is proud to present this medical office NNN investment. This property is located inside the established Resource Medical office park in Athens, GA. Resource Medical office park is home to both Piedmont and Saint Mary’s, who have been leasing space inside the park for over 20 years. This offering is for Unit 3700. This is the first time this unit has hit the market since the park was developed in 2006.

• Location: Resource Medical - Athens, GA | Unit: 3700 (2,900 SF) | Tenant: Strong Credit Medical Tenant

• Asking Price: $985,000 | NOI: $73K | Cap Rate: 7% Cap Rate | 5 Year Terms with Annual Increases

For more information, please contact Travis Ebbert with SLE Commercial Group at 706-614-8840.

Investment highlights

Asking Price: $1,050,000

- NOI: $73K

- Cap Rate: 7% Cap Rate

- 5 Year Terms with Annual Increases

Listing Contacts

TE
GA GA H-55863, GA 379083
Southern Land Exchange, LLC
Listed by Southern Land Exchange, LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,000.00
$6,083.33/mo

Valuation Metrics

0
DSCR
7.41%
Cap Rate
7.41%
ROI

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Additional Information

Name
Travis Ebbert
License
GA H-55863
Brokerage
Southern Land Exchange
Title
Real Estate Broker
Brokerage Address
1551 Jennings Mill Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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