110 Samaritan Dr - Medical CONDO FOR SALE


Cumming, GA 30040
$596,000 USD
803-882-8446
110 Samaritan Dr, Cumming, GA for Sale
$596,000 USD
Medical CONDO - FOR SALE
1/64
null | 7% Cap Rate

110 Samaritan Dr
Cumming, GA 30040


HIGHLIGHTS

  • Leased to a national medical chain tenant, Geode Health, with multiple extension options.
  • Projected 7% cap rate supported by long-term lease and steady rental escalations.
  • Recently updated with a new roof and security system for reduced maintenance costs.
  • Includes an additional 200 square feet shared by attorneys, adding flexibility and revenue potential.
  • Approximately 80 surface parking spaces available within the complex for tenant and visitor convenience.
  • Located near Canton Road with connectivity to surrounding retail, business, and residential areas.

OVERVIEW

This well-maintained space presents a unique investment opportunity in an excellent location, close to Canton Road. With a national chain tenant already in place, this property ensures a steady income stream, making it a sound investment choice.

FOR SALE DETAILS

PRICE

$596,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

26,400 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

O1/GC

APN/PARCEL ID

C08-122

ASK ABOUT THIS PROPERTY

Tonia LusterT Vaughn Luxe InternationalMore Info
803-882-8446

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Tonia LusterT Vaughn Luxe InternationalMore Info
803-882-8446

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