9249 Highway 29 S - Medical FOR SALE


Athens, GA 30601
$3,295,000 USD
404-547-3204
9249 Highway 29 S, Athens, GA for Sale
$3,295,000 USD
Medical - FOR SALE
1/7
null | 6.96% Cap Rate

9249 Highway 29 S
Athens, GA 30601


HIGHLIGHTS

  • 100% occupied by the U.S. Department of Veterans Affairs under a federal government lease.
  • Established VA medical use as a Community-Based Outpatient Clinic serving veterans since 2007.
  • Annual CPI-linked operating-cost adjustment plus a separate real-estate-tax adjustment mechanism.
  • Recent capital improvements completed including a 2025 roof replacement and multiple HVAC replacements.
  • Immediate retail adjacency and a new adjacent 109-site Rosewood Reserve RV Park next door.

OVERVIEW

Federal medical tenancy. Visible cash flow. $218K+ documented owner + VA investment in the facility. Growing Hwy 29 location.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

6.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VA Athens Clinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

3.37 AC

LAND SF

146,797 SF

ZONING

COMMERCIAL

APN/PARCEL ID

0032 025,0032-025

ASK ABOUT THIS PROPERTY

Vasa JastiVici Real EstateMore Info
404-547-3204

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

Vasa JastiVici Real EstateMore Info
404-547-3204

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