Listed by Hailey Realty Company
$985,000
6612 Exchange Place
Details
APN 12112A A039
Property Type Office
Sub Type Medical Office
Square Footage 6,557
Cap Rate 8.25%
NOI $81,200
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 4
Lease Options One (1) 5yr Term
Price per SqFt $150
Class B
Year Built 1980
Buildings 1
Acreage 1.080
Zoning General Business District
Parking Spaces 50 spaces
Parking per 1,000 SqFt 7.63
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback
Single-Tenant Medical Office Investment | 8.25% CAP | 6,557 SqFt
Marketing description
Hailey Realty Company is pleased to offer the single-tenant medical office building leased to Southern Smiles Dental Associates, LLC ("Southern Smiles") located at 6612 Exchange Place, Morrow, GA 30260 ("Property"). Southern Smiles and its providers have operated at the Property for over 30 years. The Property consists of a ±6,557 SF medical office building on 1.08 acres with very close access to I-75 at Exit 233 (Jonesboro Rd).
Investment highlights
- Single-tenant medical office investment
- Tenant has operated at the property for over 30 years
- Modified Gross lease with annual 3% rent escalations
- One 5-year renewal option at Fair Market Value
- Close access to I-75 at Exit 233 (Jonesboro Rd)
- Roof replaced May 2013
Listing Contacts
Listed by Hailey Realty Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,200.00
$6,766.67/mo
Valuation Metrics
0
DSCR
8.24%
Cap Rate
8.24%
ROI
Map
Zoning
BG CommercialGeneral CommercialGeneral Business District
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View all 57 uses Last updated May 21, 2026 For deeper zoning details, reports are available at Zoneomics
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