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7840 Hickory Flat Hwy 5,921 SF Office Building Woodstock, GA 30188 $2,913,540 CAD ($492.07 CAD/SF) 6.07% Cap Rate


Investment Highlights
- Fully leased single-tenant medical office investment.
- Freestanding medical office building constructed in 2005.
- Surrounded by medical, dental, vision, and urgent care providers.
- Located along the established Hickory Flat healthcare corridor.
- Dedicated on-site parking with 36 parking spaces.
- Accessible to Woodstock, Canton, Roswell, and Alpharetta populations.
Executive Summary
This single-tenant medical office investment presents an opportunity to acquire a fully leased healthcare asset within the Hickory Flat corridor of Woodstock, one of Cherokee County's established suburban growth areas. Constructed in 2005, the property consists of a freestanding medical office building designed to support healthcare and professional medical users while benefiting from visibility and accessibility along Hickory Flat Highway.
The asset is positioned within a healthcare-oriented commercial node surrounded by medical, dental, vision, rehabilitation, and urgent care providers, creating a concentration of complementary services that support ongoing patient traffic and healthcare demand. The location offers convenient access to Woodstock, Canton, Roswell, Alpharetta, and other North Fulton and Cherokee County communities, providing a broad regional patient base and workforce pool.
As an investment offering, the property benefits from an existing single-tenant occupancy structure and reported net operating income, allowing investors to acquire a stabilized medical office asset within a market characterized by continued residential development and healthcare service demand. The building's dedicated parking, professional office configuration, and established medical use contribute to its functionality for healthcare operations and long-term occupancy.
The asset is positioned within a healthcare-oriented commercial node surrounded by medical, dental, vision, rehabilitation, and urgent care providers, creating a concentration of complementary services that support ongoing patient traffic and healthcare demand. The location offers convenient access to Woodstock, Canton, Roswell, Alpharetta, and other North Fulton and Cherokee County communities, providing a broad regional patient base and workforce pool.
As an investment offering, the property benefits from an existing single-tenant occupancy structure and reported net operating income, allowing investors to acquire a stabilized medical office asset within a market characterized by continued residential development and healthcare service demand. The building's dedicated parking, professional office configuration, and established medical use contribute to its functionality for healthcare operations and long-term occupancy.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,921 SF
Building Class
B
Year Built
2005
Price
$2,913,540 CAD
Price Per SF
$492.07 CAD
Cap Rate
6.07%
NOI
$176,894 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,921 SF
Building FAR
0.85
Lot Size
0.16 AC
Zoning
OI
Parking
36 Spaces (3.54 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 002N03-00000-133-00B-0000 | Improvements Assessment | $968,461 CAD |
| Land Assessment | $52,166 CAD | Total Assessment | $1,020,627 CAD |
Property Taxes
Parcel Number
002N03-00000-133-00B-0000
Land Assessment
$52,166 CAD
Improvements Assessment
$968,461 CAD
Total Assessment
$1,020,627 CAD
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7840 Hickory Flat Hwy
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