1075 Lafayette Pky - Medical FOR SALE
Lagrange, GA 30241 |
$11,785,000 USD
847-361-4181
1075 Lafayette Pky
Lagrange, GA 30241
HIGHLIGHTS
- Highly Favored Asset Class: Medical outpatient buildings provide investors with favorable tenant types
- Passive Lease Structure: The absolute NNN lease included with this property creates a highly passive ownership scenario
- Growing Rental Rates: Annual rental increases are imperative to investment real estate, providing a hedge against inflation
- Sticky Tenancy: Apex Medical Surgery Center occupies roughly 23% of the property, making this a highly valuable location
- Metro Midpoint: LaGrange sits between two of Georgia’s largest cities and provides a hub for not only commerce and industry
FOR SALE DETAILS
PRICE
$11,785,000 USD
PRICE/SF
$451 USD /SF
CAP RATE
7.53%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
LaGrange MedVentures | Abs Net | Master Lease
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.28 AC
LAND SF
142,877 SF
ZONING
CR-MX
APN/PARCEL ID
050-4B-010-015
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847-361-4181
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847-361-4181
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