Multi-Tenant Medical Office | 7.00% Cap | Augusta MSA
95.6% Leased | 89% Corporate-Guaranteed Tenancy
Marketing description
Columbia County Medical Center is a strategically positioned, multi-tenant medical office investment located at 4106 Columbia Road in Martinez, Georgia. The ±25,282-square-foot facility is situated on approximately ±1.82 acres at a prominent signalized intersection with direct access from both Columbia Road and Flowing Wells Road, providing excellent visibility and accessibility along one of the area’s primary commercial corridors. Columbia Road carries traffic volumes exceeding ±19,000 vehicles per day, supporting strong exposure for medical users and convenient access for patients.
Originally constructed in 1992 and substantially renovated in 2022, the property offers a refreshed and modernized clinical environment designed to meet the needs of contemporary healthcare providers. The asset is supported by strong surrounding demographics, including a population of more than ±187,000 residents within a 15-minute drive and median household incomes exceeding $76,000, positioning the center within one of the Augusta region’s most stable and affluent suburban healthcare submarkets.
Investment highlights
The offering presents investors with stable in-place cash flow supported by 95.6% occupancy and a weighted average lease term of approximately 5.01 years, generating current NOI of $304,800 at a 7.00% cap rate. Tenant credit quality is a key strength, with approximately 89.1% of the rent roll corporately guaranteed, including BlueSprig Pediatrics (backed by KKR) and Trinity Home Health (operating under LHC Group/UnitedHealth’s Optum platform), providing institutional-grade tenancy. The rent roll also offers embedded upside through a small remaining vacancy and scheduled contractual rent escalations, while the property’s location near major medical providers, retail anchors, and Interstate 20 supports long-term tenant demand.
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