5610 Wendy Bagwell Pky - Freestanding FOR SALE


Hiram, GA 30141
$1,515,000 USD
404-966-0757
5610 Wendy Bagwell Pky, Hiram, GA for Sale
$1,515,000 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

5610 Wendy Bagwell Pky
Hiram, GA 30141


HIGHLIGHTS

  • Proximity to hospital.
  • Practice established 16 years.
  • 10.7 years remaining lease term.
  • Primary care anchored.
  • Stable, long-term, growing cash flow.
  • 2.75% annual rent increases.

OVERVIEW

A retail medical NNN investment located on a heavily traveled retail corridor in the West Metro Atlanta market. The building totals 4,770 SF including 10 exam rooms, 2 procedural rooms, and a lead-lined, x-ray room (currently used as an office). The single tenant asset is occupied and leased to VIPcare on a long-term, net lease. VIPcare, a brand of Better Health Group, is a rapidly growing primary care practice that celebrated its 100th clinic location last year.

FOR SALE DETAILS

PRICE

$1,515,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Medical NNN Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B1-100

APN/PARCEL ID

177.1.4.020.0000

ASK ABOUT THIS PROPERTY

Christine GorhamHamric CapitalMore Info
404-966-0757

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Christine GorhamHamric CapitalMore Info
404-966-0757

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