1225 Wheeler - Medical FOR SALE


Augusta, GA 30909- Belair
$820,000 USD
706-305-0054
1225 Wheeler, Augusta, GA for Sale
$820,000 USD
Medical - FOR SALE
1/7
null | 6.89% Cap Rate

1225 Wheeler
Augusta, GA 30909
Belair


HIGHLIGHTS

  • 2016 Build-To-Suit: 9 Year Occupancy History
  • 1.1 Years Remaining: Lease Expires on 6/30/2026
  • High Quality Building: 2009 Build | Stone Exterior
  • Value-Add Opportunity: Release at Market Rate
  • Below Market Lease: Convert to NNN
  • None Remaining: Renewal Options

OVERVIEW

The Finem Group at Meybohm Commercial is pleased to present a fully leased medical office investment opportunity located at 1225 West Wheeler Parkway in Augusta, GA. This 4,229-square-foot medical office building is 100% leased to Kindred at Home, a national home healthcare provider. The building was constructed in 2016 as a build-to-suit for Kindred, and the tenant has occupied the property continuously since delivery, demonstrating strong commitment to the site. The lease is structured as modified gross, with the tenant responsible for utilities and the landlord covering other operating expenses. The lease is set to expire in June 2026, with no remaining renewal options. This asset presents a clear value-add opportunity. Investors may negotiate a market-rate triple net (NNN) lease with the existing tenant or re-tenant the space upon lease expiration at current market terms. Comparable medical office buildings in the area are achieving similar rates under NNN lease structures. Located less than one mile from Doctors Hospital of Augusta, I-20, and I-520, and adjacent to other professionally managed medical office properties, the site sits within the heart of the West Augusta Medical District. It is also one mile from Augusta Exchange, a major retail corridor that includes Target, Regal Cinemas, Chick-fil-A, Chili’s, BrandsMart, and other national retailers. 1225 West Wheeler Parkway is located within the West Augusta Medical District, a concentrated corridor of established medical and healthcare providers. The property offers immediate access to I-20 and I-520, and sits within walking distance of Doctors Hospital of Augusta. The surrounding area includes complementary medical office tenants and regional commercial amenities, including the nearby Augusta Exchange, which draws strong daily traffic and provides excellent visibility and convenience.

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

6.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,602 SF

ZONING

B-2

APN/PARCEL ID

0301014000

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.