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Summit Professional Plaza I & II 1111 Glynco Pky 97,262 SF 79% Leased Office Building Brunswick, GA 31525 $13,902,556 CAD ($142.94 CAD/SF) 8.01% Cap Rate
Investment Highlights
- Investment-Grade Health System Anchor with Dominant Regional Market Position
- Defined Value-Add Leasing Opportunity with Embedded Upside
- Strong In-Place Cash Flow with Contractual Escalation
- Diversified, Needs-Based Tenant Mix Mitigating Concentration Risk
- Below Replacement Cost with Significant Barriers to Entry
- Strategic Coastal Georgia Location with Favorable Economic Drivers
Executive Summary
Property Facts
Amenities
- Signage
- Wheelchair Accessible
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Educational Services
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Jan 0000
Coastal Plains High School is Southeast Georgia’s answer to the dropout problem. They offer a unique opportunity to any student who wishes to earn an accredited Georgia High School Diploma. Coastal Plains offers numerous opportunities for students: (1) Program- students must be registered at their high school and approved to attend CPHS (students who are under the age of 18; or students who are 18 and over but do not have a dropout end status; (2) Credit Recovery- students have to be approved by their day school to take one or two courses for credit recovery. There is an associated cost to participate; and (3) Traditional- students who enroll directly with CPHS (Students who are 18 and older AND have a dropout end status from the last school attended) are eligible to enroll directly with CPHS.
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- Health Care and Social Assistance
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- -
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Jan 0000
Privia Health Group, Inc. is a national physician organization and healthcare enablement platform headquartered in Arlington, Virginia. The company partners with independent physician practices, medical groups, health systems, and payers to support the transition from fee-for-service to value-based care. Privia provides centralized management services, data analytics, population health infrastructure, and clinical support while allowing physicians to retain clinical autonomy. Founded in 2007, Privia Health has grown into a publicly traded company (NASDAQ: PRVA) with a nationwide footprint supporting thousands of physicians and millions of patients across the United States. While patient care is delivered at locally branded practices and medical offices, the Arlington headquarters functions strictly as a corporate and operational hub, not a clinical care site.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Educational Services | - | - | Jan 0000 | ||
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Health Care and Social Assistance | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Very generous TI available for those seeking a 5 year lease or more. Fully built out medical space with 5,000 SF dedicated as a physical therapy center and the remaining 13,000 SF dedicated as medical offices/clinic. The space has access to a fully equipped surgery center.
- 2nd Floor
- 9,553 SF
- Office/Medical
- Full Build-Out
- Now
Very generous TI available for those seeking a 5 year lease or more. Very flexible space that can be use for any office or medical need. These two suites are currently separated for use by multiple tenants but can be combined for one contiguous space.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 130 | 4,420 SF | Office/Medical | Full Build-Out | Now |
| 2nd Floor | 9,553 SF | Office/Medical | Full Build-Out | Now |
| 4th Floor | 7,662 SF | Office/Medical | Shell Space | Now |
1st Fl-Ste 130
| Size |
| 4,420 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 9,553 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 7,662 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 130
| Size | 4,420 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Very generous TI available for those seeking a 5 year lease or more. Fully built out medical space with 5,000 SF dedicated as a physical therapy center and the remaining 13,000 SF dedicated as medical offices/clinic. The space has access to a fully equipped surgery center.
4th Floor
| Size | 7,662 SF |
| Space Use | Office/Medical |
| Build-Out | Shell Space |
| Available | Now |
Very generous TI available for those seeking a 5 year lease or more. Very flexible space that can be use for any office or medical need. These two suites are currently separated for use by multiple tenants but can be combined for one contiguous space.
Property Taxes
| Parcel Number | 03-12103 | Improvements Assessment | $1,307,552 CAD |
| Land Assessment | $534,071 CAD | Total Assessment | $1,841,623 CAD |
Property Taxes
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Summit Professional Plaza I & II | 1111 Glynco Pky
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