Medical Investment Property For Sale- Woodstock, GA 301882019-09-23T15:47:14+00:00

Project Description

290 Heritage Walk – Woodstock 30188

MEDICAL INVESTMENT PROPERTY FOR SALE

290 Heritage Walk, Woodstock, GA  30188

Property is minutes from I-575. The building is leased with below market rent. The tenant is a local medical practice with lab that continues to grow. The building is one story with ample parking on a fee simple lot. A monument sign on Hwy 92 serves the established business park. The tenant has 2 years remaining on a 3 year term and has an option to renew for 3 years with annual increases. Value is in future rental growth if tenant stays or leaves after 2 years. This building is priced well below replacement cost and could easily be subdivided in the future. Shown by appointment only. Do not disturb the tenant.

• 8911 SF Medical Build Out of Admin Office
• Income Producing
• $1.65 Million
• $185/SF, Below Replacement Cost
• 6.8% Cap Rate
• Growing medical practice
• Minutes from I-575
• Signage on Hwy 92
• Easily subdivided

Details

ADDRESS

290 Heritage Walk

Woodstock, GA 30188

PRICE

$1,650,000

SQ FT

8,911sq ft. 

CONTACT

David Hacker
Office: 770-592-6104
Cell: 770-329-2878
david.hacker@piedmontcap.com

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