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Piedmont Healthcare 3366 Georgia 42 25,000 SF 100% Leased Retail Building Locust Grove, GA 30248 $20,880,172 CAD ($835.21 CAD/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- New 15-year net lease to Piedmont Healthcare. The Piedmont Healthcare system has over 2,100 physical locations
- Tenant handles all taxes, insurance, and maintenance, excluding roof structure and capital improvements, providing a low-stress investment.
- The system served over 4.5 million patients and logged more than 5.7 million clinic visits in 2024.
- Rare 2.5% annual rental increases, ensuring consistent income growth
- Piedmont reported net revenue of approximately $8 billion in 2024.
- Piedmont plans further expansion of its rehabilitation network with new inpatient rehabilitation hospitals in Georgia.
EXECUTIVE SUMMARY
The YAFC Team is pleased to present the exclusive opportunity to acquire a single-tenant
medical facility leased to Piedmont Healthcare, located at 3366 GA-42 in Locust Grove, Georgia.
This high-quality healthcare asset is leased to Piedmont Healthcare, Inc., one of the largest and
most respected not-for-profit health systems in the Southeast, providing investors with secure,
long-term income backed by an investment-grade tenant.
Strategically positioned in the growing South Atlanta submarket of Locust Grove, the property
benefits from strong visibility along Georgia Highway 42 and convenient access to Interstate
75, one of Georgia’s busiest transportation corridors. The facility serves as a key outpatient
care location within the Piedmont Henry Hospital network, providing essential primary care
and specialty medical services to the rapidly expanding population of Henry County and the
surrounding region.
The property is subject to a long-term net lease, offering passive, stable income with limited
landlord responsibilities. As healthcare providers continue expanding outpatient and ambulatory
care facilities to meet growing patient demand, this location is strategically positioned to benefit
from long-term demographic and industry trends supporting medical real estate.
This offering represents a rare opportunity to acquire a mission-critical healthcare property
operated by a leading regional hospital system, supported by strong market fundamentals,
population growth, and sustained demand for quality medical services in suburban Atlanta.
medical facility leased to Piedmont Healthcare, located at 3366 GA-42 in Locust Grove, Georgia.
This high-quality healthcare asset is leased to Piedmont Healthcare, Inc., one of the largest and
most respected not-for-profit health systems in the Southeast, providing investors with secure,
long-term income backed by an investment-grade tenant.
Strategically positioned in the growing South Atlanta submarket of Locust Grove, the property
benefits from strong visibility along Georgia Highway 42 and convenient access to Interstate
75, one of Georgia’s busiest transportation corridors. The facility serves as a key outpatient
care location within the Piedmont Henry Hospital network, providing essential primary care
and specialty medical services to the rapidly expanding population of Henry County and the
surrounding region.
The property is subject to a long-term net lease, offering passive, stable income with limited
landlord responsibilities. As healthcare providers continue expanding outpatient and ambulatory
care facilities to meet growing patient demand, this location is strategically positioned to benefit
from long-term demographic and industry trends supporting medical real estate.
This offering represents a rare opportunity to acquire a mission-critical healthcare property
operated by a leading regional hospital system, supported by strong market fundamentals,
population growth, and sustained demand for quality medical services in suburban Atlanta.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
25,000 SF
Building Class
B
Year Built
2025
Price
$20,880,172 CAD
Price Per SF
$835.21 CAD
Cap Rate
5.85%
NOI
$1,221,490 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.36
Lot Size
1.61 AC
Parking
73 Spaces (2.92 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
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Piedmont Healthcare | 3366 Georgia 42
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