1299 GA Highway 57 - Health Care FOR SALE


Townsend, GA 31331
$706,000 USD
407-557-3824
1299 GA Highway 57, Townsend, GA for Sale
$706,000 USD
Health Care - FOR SALE
1/3
null | 8.5% Cap Rate

1299 GA Highway 57
Townsend, GA 31331


HIGHLIGHTS

  • Nine Years Remaining on a Triple Net (NNN) Lease
  • Three Percent (3%) Annual Rental Escalations
  • Remodeled to Tenant’s Specifications in 2021- Over $100,000 of Capex Improvements: New Water Heater, HVAC, Lighting, Flooring, Landscaping, Plumbing
  • Strategically Located Half a Mile from I-95- Conveniently Accessible to Underserved Population | Market Leading Provider for Value-Based Primary Care
  • Tenant is a Cooperative Health Network, Consisting of Two Major Health Systems in South GA/North FL

OVERVIEW

-Nine Years Remaining on a Triple Net (NNN) Lease -Three Percent (3%) Annual Rental Escalations -Remodeled to Tenant’s Specifications in 2021 Over $100,000 of Capex Improvements: New Water Heater, HVAC, Lighting, Flooring, Landscaping, Plumbing, etc. -Strategically Located Half a Mile from I-95 Conveniently Accessible to Underserved Population | Market Leading Provider for Value-Based Primary Care -Tenant is a Cooperative Health Network, Consisting of Two Major Health Systems in South GA/North FL

FOR SALE DETAILS

PRICE

$706,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coastal Community Health

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

001

APN/PARCEL ID

0048C-0001001

ASK ABOUT THIS PROPERTY

Scott GouldMarcus & MillichapMore Info
407-557-3824

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Scott GouldMarcus & MillichapMore Info
407-557-3824

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