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Investment Highlights
- Investment-Grade Health System Anchor with Dominant Regional Market Position
- Defined Value-Add Leasing Opportunity with Embedded Upside
- Strong In-Place Cash Flow with Contractual Escalation
- Diversified, Needs-Based Tenant Mix Mitigating Concentration Risk
- Below Replacement Cost with Significant Barriers to Entry
- Strategic Coastal Georgia Location with Favorable Economic Drivers
Executive Summary
Northmarq National Healthcare Group is pleased to exclusively present the opportunity to acquire the fee simple interest in Summit Professional Plaza I & II (the “Property”), a two-building, 97,262-square-foot, multi-tenant professional and medical office campus located at 1111 Glynco Parkway in Brunswick, Georgia. The Property is anchored by Southeast Georgia Health System (“SGHS”), an investment-grade (BBB / S&P) not-forprofit regional health system that serves as the dominant healthcare provider across the Golden Isles and broader Coastal Georgia region. SGHS occupies approximately 16,023 square feet across two suites under long-term leases extending through December 2031, providing institutional-quality credit tenancy at the core of the rent roll.
Property Facts
| Price | $13,783,700 CAD | Number of Properties | 2 |
| Price / SF | $105.78 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.01% | Total Building Size | 130,301 SF |
| Sale Type | Investment | Total Land Area | 13.65 AC |
| Status | Active |
| Price | $13,783,700 CAD |
| Price / SF | $105.78 CAD / SF |
| Cap Rate | 8.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 130,301 SF |
| Total Land Area | 13.65 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Summit Professional Plaza II
1111 Glynco Pky, Brunswick, GA 31525 |
Office | 97,262 SF | 1998 | - |
|
Summit Professional Plaza I
1111 Glynco Pky, Brunswick, GA 31525 |
Office | 33,039 SF | 2004 | - |
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