670 S 8th St - Medical FOR SALE


Griffin, GA 30224
$875,000 USD
770-227-8661
670 S 8th St, Griffin, GA for Sale
$875,000 USD
Medical - FOR SALE
1/21
null | 8.58% Cap Rate

670 S 8th St
Griffin, GA 30224


HIGHLIGHTS

  • Medical office building currently leased to Labcorp, ensuring consistent cash flow.
  • Located one block from Wellstar Spalding Regional Hospital, offering convenient healthcare synergy.
  • Constructed with block and brick, featuring central air conditioning and heating for operational efficiency.
  • Ample on-site parking and full access to public utilities, including water, sewer, and cable.
  • Easy connectivity to Downtown Griffin and major area thoroughfares within Spalding County.

OVERVIEW

This medical office investment property offers 4,558 square feet of functional healthcare space in Griffin, Georgia. Currently leased to an AAA tenant, Labcorp, the building provides a stable income stream with a monthly rent of $6,259.31, and the landlord covers taxes and fire insurance. Built with block and brick construction and featuring central heating, central air, and a tar/gravel roof, this asset presents a low-maintenance structure suited for healthcare operators or investors seeking a reliable income-producing property. Located one block from Wellstar Spalding Regional Hospital, the site offers excellent connectivity for medical users and the patient community. The property sits on a 0.52-acre lot with available parking and easy access to public utilities, including water, sewer, and cable. With an asking price of $875,000 and strong tenant performance, this property delivers both current cash flow and long-term potential in a well-established medical corridor serving Griffin and surrounding areas.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

8.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

PCD

APN/PARCEL ID

026-02-020

ASK ABOUT THIS PROPERTY

Niles MurrayMurray Company RealtorsMore Info
770-227-8661

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Niles MurrayMurray Company RealtorsMore Info
770-227-8661

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