307 Church St - Medical FOR SALE
Lagrange, GA 30240 |
$2,748,808 USD
847-361-4181
307 Church St
Lagrange, GA 30240
HIGHLIGHTS
- Healthcare Real Estate – Medical offices have a strong track record of being ideal invesment assets due to the tenants’ ideal lease terms
- Growing Rents – 84% of the rent roll includes 3% annual rental increases, providing an investor a hedge against inflation through continuous growth
- Advantageous Return – At a 7.25% cap rate, this asset provides a workable return that aligns with today’s interest rate environment
- Growing Market – LaGrange, Georgia, has seen significant developments in recent years, including the relocation of the Remington Firearms’ national HQ
- Ideal Medical Market – Refresh Me Dental Center is located one block from the 50,000 SF Emory Health Multi- Specialty Clinic
- Metro Midway – LaGrange is mid-way between the state’s largest cities- Atlanta and Columbus. As a midway point, it works as a hub for Western GA
FOR SALE DETAILS
PRICE
$2,748,808 USD
PRICE/SF
$275 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MT Dental Office | 7.25% Cap | Ideal 1031
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Drug Store, Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
38
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,815 SF
ZONING
16- DT-MX
APN/PARCEL ID
061-4A-008-007
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847-361-4181
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847-361-4181
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