Listed by Matthews
$1,680,000
National Med Tenant | NNN | 8.00% Cap
Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 6,400
Net Rentable (SqFt) 6,400
Cap Rate 8%
NOI $134,400
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 10/01/2029
Remaining Term 3.4
Rent Bumps No
Lease Options One, 3-Year Option
Price per SqFt $263
Class B
Year Built 1995
Buildings 1
Acreage 2.010
Investment Type Net Lease
Lease Commencement 10/01/2022
Ground Lease No
Ownership Fee Simple
PE-Backed - 450+ Unit Operator - Highly Visible
Investment highlights
- Valuable Asset Class – Medical offices are undersupplied in the state of Georgia and the greater southeast, adding a high demand for clinical space and an increased likelihood of long-term tenancy.
- Passive Ownership – Taxes, insurance, and maintenance are all tenant responsibilities under the NNN lease included with this asset, providing a more ‘hands-off’ approach for investors seeking less management-intensive properties.
- Advantageous Return – At a 8.00% year one cap rate, this rate of return allows for a positive leverage scenario from day one.
- Easily Accessible – This clinic is seated on one of Warner Robins’ busiest thoroughfares, Houston Lake Rd, and offers pull-up-parking, a ground level entrance, and visibility which can be seen easily from the street.
- Newly Acquired Local Hospital – Houston Healthcare was recently acquired by Emory Health, adding massive credit backing and an expanded network throughout Georgia. The Warner Robins campus is less than 4.5 miles north of this asset.
- Surplus of Patients – Numerous neighborhoods, schools, and the Robins Air Force Base surround the subject property, providing a constant supply of patients seeking primary care.
- Retail Centric Location – Numerous national brands such as Chick-fil-A, CVS, Starbucks, and Lowe’s surround the property with high traffic counts and location familiarity.
- Top State for Business – Georgia has been named the #1 state for business 11 years in a row, thanks to its robust workforce, business-friendly policies, and infrastructure. With a four-year track record of budget surplus, the state government has amassed a surplus of 11 billion dollars.
- Regional Backing – Southeast Primary Care Partners is a 450+ affiliate provider network spanning across four states that provides affordable primary care for individuals, families, and businesses.
- Growing Market Size – The 2025 US market size for primary care was estimated at $358.4 billion with expectations of a continuous CAGR of 3.0%+ through the next decade.
Listing Contacts
Listed by Matthews
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$134,400.00
$11,200.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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