1057 Morningside Dr - Medical FOR SALE


Perry, GA 31069
$940,000 USD
478-951-3333
1057 Morningside Dr, Perry, GA for Sale
$940,000 USD
Medical - FOR SALE
1/21
null | Request Cap Rate

1057 Morningside Dr
Perry, GA 31069


HIGHLIGHTS

  • Currently leased at $6300 per month
  • Lease current through June of 2027
  • 4,217 sq ft total with 2 floors

OVERVIEW

Introducing a commercial investment opportunity in a prime location the medical office at 1057 Morningside Drive, Perry, GA. This 4,217-square foot facility is positioned as a turnkey investment opportunity, and a low maintenance asset for healthcare services that sits in the heart of Perry’s medical district. Not only is the facility directly adjacent to Emory Hospital Perry, it is also located in a dense corridor of specialists, including primary care and diagnostics. This strategic location ensures high visibility and a long-term demand from healthcare providers and patients. Being less than one mile from I-75(Exit 136), its location provides easy access for patients across Houston County. The 2-story building was originally built in 1980, then renovated in 2009 to accommodate a growing medical practice. Administrative offices, a full-sized conference room, and a kitchen/breakroom area were moved to the 2nd floor to allow the first floor to remain a quiet, professional environment for patient care. There is a large welcoming reception and waiting area specifically designed to manage high patient volumes comfortably. A ground floor front entry ensures ease of access for all patient demographics. There are twenty dedicated parking spaces, including covered parking at the rear of the building which is a premium feature for physicians and staff. The medical office is currently leased through June of 2027 with a monthly lease rate of $6,300 per month.

FOR SALE DETAILS

PRICE

$940,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

OI

APN/PARCEL ID

0P044020A000

ASK ABOUT THIS PROPERTY

Scott FreeColdwell Banker Commercial The Free GroupMore Info
478-951-3333

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Scott FreeColdwell Banker Commercial The Free GroupMore Info
478-951-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.