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9 Medical Dr NE 10,720 SF 100% Leased Office Building Cartersville, GA 30121 $5,533,520 CAD ($516.19 CAD/SF) 7% Cap Rate

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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

Franklin Street is pleased to present an outstanding investment opportunity for medical office investors at 9 Medical Dr Northeast, Cartersville, GA. This 10,750 SF property with 2 units, built in 2006 and zoned C1, offers a compelling 100% occupancy rate. Take advantage of two newly signed Triple Net (NNN) leases by Georgia Urology and Piedmont Healthcare, providing a secure and hassle free investment for passive income. With lease terms averaging 7.5 years, 3.00% annual escalations, and reputable tenants including the prominent Georgia Urology and Piedmont Healthcare, this property ensures stable and lucrative returns for a strong investment.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
10,720 SF
Building Class
B
Year Built
2006
Price
$5,533,520 CAD
Price Per SF
$516.19 CAD
Cap Rate
7%
NOI
$387,291 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,720 SF
Building FAR
0.19
Lot Size
1.28 AC
Zoning
C1, County - Commercial
Parking
45 Spaces (4.2 Spaces per 1,000 SF Leased)

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 est le plus grand cabinet d'urologie d'Atlanta. Les urologues agréés par leur conseil d'administration fournissent les meilleurs soins urologiques disponibles et s'efforcent d'obtenir les meilleurs résultats pour tous leurs patients. Composé de 50 des meilleurs urologues d'Atlanta, dont beaucoup ont reçu une formation boursière et une formation spécialisée avancée en oncologie, laparoscopie, infertilité, incontinence et pédiatrie, Georgia Urology fournit des soins pratiques dans plus de 30 bureaux et centres de chirurgie ambulatoire dans la région métropolitaine d'Atlanta. Leurs urologues expérimentés utilisent du matériel diagnostique de pointe et des techniques de traitement avancées, y compris la technologie assistée par robot et de nombreuses autres procédures laparoscopiques et mini-invasives pour gérer tous les problèmes urologiques chez les hommes, les femmes et les enfants.

  • 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

PROPERTY TAXES

Parcel Number
C101-0001-005
Land Assessment
$548,676 CAD
Improvements Assessment
$585,960 CAD
Total Assessment
$1,134,636 CAD
  • Listing ID: 37017714

  • Date on Market: 2025-07-30

  • Last Updated:

  • Address: 9 Medical Dr NE, Cartersville, GA 30121

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