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Abs NNN MOB/ASC | 7.6% | 7.5 Yrs | Two PGs 1075 Lafayette Pky 22,248 SF 100% Leased Office Building Lagrange, GA 30241 $15,988,585 CAD ($718.65 CAD/SF) 7.60% Cap Rate



Investment Highlights
- Highly Favored Asset Class: Medical outpatient buildings provide investors with favorable tenant types
- Growing Rental Rates: Annual rental increases are imperative to investment real estate, providing a hedge against inflation
- Metro Midpoint: LaGrange sits between two of Georgia’s largest cities and provides a hub for not only commerce and industry
- Passive Lease Structure: The absolute NNN lease included with this property creates a highly passive ownership scenario
- Sticky Tenancy: Apex Medical Surgery Center occupies roughly 23% of the property, making this a highly valuable location
Executive Summary
Broker of Record
Maxx Bauman
License No. 451849 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Maxx Bauman
License No. 451849 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
22,248 SF
Building Class
A
Year Built
2016
Price
$15,988,585 CAD
Price Per SF
$718.65 CAD
Cap Rate
7.60%
NOI
$1,214,495 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,124 SF
Building FAR
0.16
Lot Size
3.28 AC
Opportunity Zone
Yes
Zoning
CR-MX
1 1
Property Taxes
| Parcel Number | 050-4B-010-015 | Improvements Assessment | $5,824,930 CAD |
| Land Assessment | $456,412 CAD | Total Assessment | $6,281,342 CAD |
Property Taxes
Parcel Number
050-4B-010-015
Land Assessment
$456,412 CAD
Improvements Assessment
$5,824,930 CAD
Total Assessment
$6,281,342 CAD
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Abs NNN MOB/ASC | 7.6% | 7.5 Yrs | Two PGs | 1075 Lafayette Pky
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