730 Glynn Street - Medical FOR SALE


Fayetteville, GA 30214
$3,385,000 USD
770-294-4027
730 Glynn Street, Fayetteville, GA for Sale
$3,385,000 USD
Medical - FOR SALE
1/7
null | 7% Cap Rate

730 Glynn Street
Fayetteville, GA 30214


HIGHLIGHTS

  • Strong Piedmont Healthcare Credit
  • Long Term, Triple Net (NNN) Lease
  • Stable Income Stream
  • Annual Rent Escalations

OVERVIEW

Southtree Commercial Real Estate is please to present this exceptional investment opportunity of a Single Tenant NNN Medical Office Facility, a building spanning 9,147 square feet on a prime 1.33 acre lot located in the heart of Fayetteville, GA. Occupied by a single tenant, this investment opportunity provides steady and predictable cash flow for a qualified investor. The single tenant occupying this asset is Piedmont Medical Care Corporation, operating as Piedmont Physicians of South Fayette. Piedmont Physicians offers primary care services to the local community including well visits, annual exams, sick visits, sports physicals, and vaccinations and immunizations. The tenant has operated in this building since 2017 and has already signed one five year extension to extend the term through 2032, showing their commitment to success in this location. In addition to a strong tenant, annual rental escalations of 2.50% ensure that the income generated from this property will grow over time, enhancing the investment's long-term value and return. With a strong, credit, and reputable tenant in place and a well-structured lease agreement, this property represents a secure and lucrative opportunity for investors seeking a reliable and low-maintenance income-generating asset.

FOR SALE DETAILS

PRICE

$3,385,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glynn Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C C3

APN/PARCEL ID

05-17-00-010

ASK ABOUT THIS PROPERTY

Barry GarnerSouthtree Commercial Real EstateMore Info
770-294-4027

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Barry GarnerSouthtree Commercial Real EstateMore Info
770-294-4027

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