Your email has been sent.
9 Medical Dr NE 10,720 SF 100% Leased Office Building Cartersville, GA 30121 $5,583,680 CAD ($520.87 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Passive Investment - Two new Triple Net (NNN) leases signed by Georgia Urology and Piedmont Healthcare providing a secure and passive investment
- Long-Term WALT - Georgia Urology and Piedmont Healthcare recently signed new leases, bringing the Weighted Average Lease Term to 7.5 years
- Medical Corridor - The property is located in a strong healthcare corridor and just across the street from Piedmont Cartersville Medical Center
- Strong Tenancy - Georgia Urology is the southeast's leading independent urology practice with over 80 providers across more than 30 locations
- Annual Rent Escalations - Both leases boast 3% annual escalations. Annual rent escalations are a necessity for a safe investment
- Growing Demographics - There are 53,773 residents with an average household income of $89,617 within a 5-mile radius of the property
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Security System
- Wheelchair Accessible
- Reception
- Natural Light
- Plug & Play
- Hardwood Floors
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- 7,320 SF
- -
- Triple Net
- Mar 2028
Georgia Urology is the largest urology practice in Atlanta.Their board certified urologists provide the finest urologic care available and strive for the best outcomes for all of their patients. Comprised of 50 of Atlanta’s top urologists, including many who are fellowship trained and have advanced specialty training in oncology, laparoscopy, infertility, incontinence and pediatrics, Georgia Urology provides convenient care in more than 30 offices and ambulatory surgery centers throughout the Atlanta metro area. Their experienced urologists use state of the art diagnostic equipment and advanced treatment techniques including robot assisted technology and many other laparoscopic and minimally invasive procedures to manage all urological problems in men, women and children.
- Piedmont Healthcare
- Health Care and Social Assistance
- 3,430 SF
- -
- Triple Net
- Jan 2035
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | 7,320 SF | - | Triple Net | Mar 2028 | |
| Piedmont Healthcare | Health Care and Social Assistance | 3,430 SF | - | Triple Net | Jan 2035 |
PROPERTY TAXES
| Parcel Number | C101-0001-005 | Improvements Assessment | $630,806 CAD |
| Land Assessment | $420,774 CAD | Total Assessment | $1,051,580 CAD |
PROPERTY TAXES
Presented by
9 Medical Dr NE
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.