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318 Tribble Gap Rd 15,472 SF 100% Leased Office Building Cumming, GA 30040 $5,945,599 CAD ($384.28 CAD/SF) 7.50% Cap Rate

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EXECUTIVE SUMMARY

Highgate Partners is pleased to exclusively present the opportunity to acquire
the Cumming Medical Center, a multi-tenant,14,643 RSF, Class “B” medical office
building located in Cumming GA, inside the Atlanta, GA MSA. Constructed in 1987
and renovated in 2000, this medical office investment is currently 100% leased
and offers a great location on the Cumming Downtown Square.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
15,472 SF
Building Class
C
Year Built
1997
Price
$5,945,599 CAD
Price Per SF
$384.28 CAD
Cap Rate
7.50%
NOI
$445,920 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,320 SF
Slab To Slab
11’
Building FAR
0.26
Lot Size
1.36 AC
Zoning
CBD - Commercial
Parking
40 Spaces (2.35 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

Academy Orthopedics has been serving the community of North East Georgia for over 25 years. Dr. Jesse Seidman and Dr. Trey Duckett strive buy essay paper for excellence and offer both non-surgical as well as surgical expertise in orthopedic care. With three locations in Cumming, Buford, and Duluth and hospital privileges at both Northside Hospital and Gwinnett Medical Center patients’ individual needs are met in a welcoming and personalized environment.

  • Northside Imaging
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Physiotherapy
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

Select Medical is one of the largest providers of critical illness recovery hospitals, inpatient rehabilitation hospitals and outpatient rehabilitation centers in the United States. Guided by their mission to provide an exceptional patient care experience that promotes healing and recovery in a compassionate environment, their healthcare professionals help to restore quality of life for thousands of people and their families every day. Co-founded by Rocco A. Ortenzio and Robert A. Ortenzio in 1996, Select Medical began as a regional provider of outpatient physical rehabilitation. Contract therapy was added to the company's specialized health care offerings in 1997, and was quickly followed by the introduction of long-term acute care in 1998. In 1999, Select Medical made one of its largest acquisitions by purchasing NovaCare Physical Rehabilitation and Occupational Health.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -
Northside Imaging Health Care and Social Assistance - - -
Physiotherapy Health Care and Social Assistance - - -
Health Care and Social Assistance - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C15-052
Land Assessment
$175,009 CAD
Improvements Assessment
$1,501,612 CAD
Total Assessment
$1,676,621 CAD
  • Listing ID: 35488469

  • Date on Market: 2025-04-15

  • Last Updated:

  • Address: 318 Tribble Gap Rd, Cumming, GA 30040

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