2685 Milscott Dr - Medical FOR SALE
Decatur, GA 30033 |
2685 Milscott Dr
Decatur, GA 30033
HIGHLIGHTS
- VALUABLE LOCATION FOR NORTHSIDE: By restricting the number of new facilities, CON laws can create a limited market for these centers.
- SPECIALIZED BUILD OUT: Healthcare real estate is a highly sought-after investment as it tends to be more resistant than other asset classes.
- GROWING CASHFLOW: Annual increases of 2% and 3% are included for each tenant respectively, causing an annual increase in cashflow for an investor.
- GEORGIA UROLOGY: Georgia Urology is the largest urology practice in the state and is also physician-owned.
- UROLOGY INDUSTRY: Urology care covers a wide range of medical conditions, treatments, and care types.
- ATLANTA MSA: This asset sits within a population-dense area of the Atlanta MSA with over 324k residents in a 5-mile radius.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
NORTHSIDE HOSPITAL UROLOGY SURGERY CENTER
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
13373
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
1.98 AC AC
LAND SF
86,249 SF
ZONING
-
APN/PARCEL ID
18-048-08-008
