1001 Fernwood Dr - Medical FOR SALE
Milledgeville, GA 31061 |
$1,580,824 USD
847-361-4181
1001 Fernwood Dr
Milledgeville, GA 31061
HIGHLIGHTS
- Favorable Asset Class Healthcare real estate provides investors with a favorable asset class due to higher average rental rates
- Passive Income Perfect for out of state investors or those seeking passive income, this deal includes a NNN lease, making taxes, insurance
- Synergistic Services This property offers an ideal blend of services with a 25 year track record of success.
- Favorable Return At an 8.50% cap rate, this asset allows investors to have a positive leverage scenario on day one
- Business Friendly State Georgia has been voted as a #1 state for business for over a decade. This is shown in their 4 year track record of surpluses
- Easy Accessibility Located off Historic Highway 441 (±34,600 VPD), this asset is easily accessible which is perfect for the growing demand
FOR SALE DETAILS
PRICE
$1,580,824 USD
PRICE/SF
$212 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MOB Sale Leaseback | New Roof | 8.50% Cap
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.37 AC
LAND SF
15,987 SF
ZONING
RESIDENTIA
APN/PARCEL ID
M73-011
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847-361-4181
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847-361-4181
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