39 Oak Hill Ct - Office FOR SALE


Newnan, GA 30265
$4,573,231 USD
770-552-2447
39 Oak Hill Ct, Newnan, GA for Sale
$4,573,231 USD
Office - FOR SALE
1/4
null | 8% Cap Rate

39 Oak Hill Ct
Newnan, GA 30265


HIGHLIGHTS

  • • Leases are guaranteed by the full faith and credit of the United States of America (Aaa credit rating)
  • • Build-to-Suit construction and custom-designed facilities to comply with Veterans Affairs specifications and requirements
  • • Significant lease term remaining with lease expirations in 2032 (Newnan)
  • • Operating expense rent increases at a guaranteed rate of 2% annually

OVERVIEW

Opportunity to acquire a +/- 10,000 SF property leased to the U.S. Department of Veterans Affairs. The subject property is located in the State of Georgia with lease expirations in 2032. The clinic is build-to-suit and custom-designed facilities to comply with Veterans Affairs specifications and requirements. VA Newnan is 30 minutes southwest of Hartsfield-Jackson Atlanta International Airport. The +/- 10,000 SF VA Newnan clinic provides laboratory blood draws, clinical testing, pathology, primary care, internal medicine, and specialty health services, including treatment for lung disease. The clinic’s lab has the capabilities to studybodily fluids for illness management, tests for infectious diseases, cytopathology (the study of unusual cells), and autopsy services.

FOR SALE DETAILS

PRICE

$4,573,231 USD

PRICE/SF

$457 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

R1

APN/PARCEL ID

109-6005-030

ASK ABOUT THIS PROPERTY

Davis FinneyNewmarkMore Info
770-552-2447

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Davis FinneyNewmarkMore Info
770-552-2447

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