466 Manget St - Medical FOR SALE


Marietta, GA 30060- Southeast Marietta
$698,450 USD
404-500-5800
466 Manget St, Marietta, GA for Sale
$698,450 USD
Medical - FOR SALE
1/11
null | 7.48% Cap Rate

466 Manget St
Marietta, GA 30060
Southeast Marietta


HIGHLIGHTS

  • Medical Office
  • Long Term Lease (10 year) with 7 yrs Remaining
  • Atlanta MSA
  • Easy 7.5% Cap Investment
  • Long Term Stable Tenant

OVERVIEW

This property is currently secured under an 7.5-year triple-net (NNN) lease, offering a reliable revenue stream with built-in rent escalations of 5% every three years. Designed to meet the exacting standards of modern healthcare providers, this facility is ideally located in a thriving medical corridor, ensuring high visibility and accessibility for patients and professionals alike. Key Investment Highlights: Stable NNN Lease: Enjoy a secure, low-management investment with an 7.5-year lease term. Built-in Rent Escalations: Benefit from 5% increases every three years, providing inflation protection and enhancing long-term returns. Prime Medical Location: Situated in a bustling healthcare hub, this property is surrounded by leading medical institutions and research centers. Purpose-Built Facility: A modern design with specialized features tailored to the needs of medical practices and outpatient services. Attractive Investment Opportunity: With minimal operational expenses and steady rental income, this asset is perfect for investors seeking stability and growth in the healthcare real estate market. This is a rare opportunity to acquire a high-caliber medical property with strong lease terms and built-in value appreciation. Contact us today to schedule a private tour and explore how this asset can be a cornerstone in your investment portfolio.

FOR SALE DETAILS

PRICE

$698,450 USD

PRICE/SF

$233 USD /SF

CAP RATE

7.48%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LeParc Manget

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

LRO

APN/PARCEL ID

17-0290-0-049-0

ASK ABOUT THIS PROPERTY

Joe BenesBellStreetMore Info
404-500-5800

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

Joe BenesBellStreetMore Info
404-500-5800

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