51 Hospital Rd - Medical FOR SALE


Newnan, GA 30263
$2,322,581 USD
404-400-3434
51 Hospital Rd, Newnan, GA for Sale
$2,322,581 USD
Medical - FOR SALE
1/3
null | 7.75% Cap Rate

51 Hospital Rd
Newnan, GA 30263


OVERVIEW

Sale Leaseback — A sale leaseback transaction offers investors a unique opportunity to acquire properties with guaranteed, long- term tenants in place. Sale leasebacks are more common in the medical space and reflect the tenants commitment to the location and the active practice. Passive Lease Structure — Maintain passive income with tenant responsibilities including taxes, insurance, and maintenance. This NNN structure is ideal for an exchange buyer or out of state buyer looking for more “hands-off” income. Medical Real Estate — Healthcare Real Estate has emerged as a highly sought after investment due to its unique ability to thrive in challenging economic downturns. Its strong demand and sticky tenancy make it attractive for most investors looking for passive, resilient and stable investments. Newnan, GA — 40 minutes from downtown Atlanta, Newnan is a charming city in Coweta County that houses around 45,000 people. With a rich history throughout the civil war and railroad era, it quickly became a flourishing town for early settlement. With consistent growth over the years, Newnan is seeing a handful of projects that will add to the town’s rich value. Woodstock-based home builder Piedmont Residential, plans to build more than 600 homes over 267-acres adding to the recent housing efforts including Kolter Homes resort style 700 new home development. Primary Care Industry — Primary care plays a vital role in health promotion, disease prevention, and chronic disease management. The U.S. is witnessing substantial expansion as pharmacy companies and health insurers employ strategies to cater to the aging population’s needs. Valued at 345.8B in 2022, it is predicted to reach 503.17B by 2030 with a CAGR of 4.8% from 2023-2030. Strong Return — This 7.75% cap rate investment offers attractive cash flow and strong returns, making it a strong choice in today’s inflated interest rate environment. Broker of Record Bill Pedersen License No. 80041 (GA)

FOR SALE DETAILS

PRICE

$2,322,581 USD

PRICE/SF

$312 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Yr NNN MOB | 7.75% cap | ATL MSA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Convenience Store, Drug Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

PS

APN/PARCEL ID

N41A-006

ASK ABOUT THIS PROPERTY

Malia MajetteMatthews Real Estate Investment ServicesMore Info
404-400-3434

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Malia MajetteMatthews Real Estate Investment ServicesMore Info
404-400-3434

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.