1219 Wheeler Pky - Medical FOR SALE


Augusta, GA 30909- Belair
$1,205,000 USD
706-305-0054
1219 Wheeler Pky, Augusta, GA for Sale
$1,205,000 USD
Medical - FOR SALE
1/26
null | 6.93% Cap Rate

1219 Wheeler Pky
Augusta, GA 30909
Belair


OVERVIEW

The Finem Group at Meybohm Commercial is pleased to present a fully leased medical office investment opportunity located at 1219 West Wheeler Parkway, Augusta, GA. This two-story, 5,752 square foot medical office building is 100% leased to Wellstar Health System on a five-year initial term. Wellstar is currently operating a pediatric ENT in the property. Approximately 2.7 years remain on the current lease, with one three-year renewal option in place. Constructed in 2009, the building is in excellent condition with a durable stone exterior and modern medical office layout. The lease is structured as modified gross, with the tenant responsible for utilities and interior maintenance. This asset presents a clear value-add opportunity: the current lease rate aligns with comparable market leases that are structured as NNN, allowing a buyer to potentially transition to a full reimbursement lease structure upon a new lease. Located just off Wheeler Road, the property is less than one mile from Doctors Hospital of Augusta, I-20, and I-520, positioning it within the West Augusta Medical District—a strategic healthcare corridor. The site is also one mile from Augusta Exchange, a major retail node featuring national retailers such as Target, Regal Cinemas, Chick-fil-A, Chili’s, BrandsMart, and Crunch Fitness, providing significant area traffic and visibility. 1219 West Wheeler Parkway is located in West Augusta, a dense and established medical and commercial corridor. The property sits less than one mile from Doctors Hospital of Augusta, a 350-bed acute care facility and key anchor of the West Augusta Medical District. Immediate access to I-20 and I-520 connects the location to downtown Augusta, Evans, Grovetown, and North Augusta, SC. The nearby Augusta Exchange shopping center is a regional retail hub that draws consistent traffic and provides added visibility and accessibility. The area is characterized by stable healthcare tenancy, high-demand commercial real estate, and ongoing development.

FOR SALE DETAILS

PRICE

$1,205,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

6.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

B-2

APN/PARCEL ID

0300238000

ASK ABOUT THIS PROPERTY

John EckleyMeybohm Commercial PropertiesMore Info
706-305-0054

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John EckleyMeybohm Commercial PropertiesMore Info
706-305-0054

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