9 Medical Dr NE - Medical FOR SALE
Cartersville, GA 30121 |
9 Medical Dr NE
Cartersville, GA 30121
HIGHLIGHTS
- Passive Investment - Two new Triple Net (NNN) leases signed by Georgia Urology and Piedmont Healthcare providing a secure and passive investment
- Strong Tenancy - Georgia Urology is the southeast's leading independent urology practice with over 80 providers across more than 30 locations
- Long-Term WALT - Georgia Urology and Piedmont Healthcare recently signed new leases, bringing the Weighted Average Lease Term to 7.5 years
- Annual Rent Escalations - Both leases boast 3% annual escalations. Annual rent escalations are a necessity for a safe investment
- Medical Corridor - The property is located in a strong healthcare corridor and just across the street from Piedmont Cartersville Medical Center
- Growing Demographics - There are 53,773 residents with an average household income of $89,617 within a 5-mile radius of the property
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
10720
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
1.28 AC AC
LAND SF
55,757 SF
ZONING
-
APN/PARCEL ID
C101-0001-005
