516 Georgia 247 - Medical FOR SALE


Bonaire, GA 31005
$3,089,000 USD
415-481-0788
516 Georgia 247, Bonaire, GA for Sale
$3,089,000 USD
Medical - FOR SALE
1/6
null | 6.25% Cap Rate

516 Georgia 247
Bonaire, GA 31005


HIGHLIGHTS

  • Leased to Heartland Dental for 10 years plus four (4) five-year options
  • 10% fixed rental increases every five years in initial term and extension terms
  • Heartland Dental, LLC is the largest dental support organization in the U.S., with more than 1,700 supported dental offices located in 38 states
  • Heartland Dental is majority owned by KKR, the largest global investment company in the world with over $496B under management
  • Heartland Dental continues impressive national growth with 87+ new locations opened in 2022
  • Upcoming 10% rental increase in September 2024

OVERVIEW

Exceptional Visibility and Access: This Heartland Dental is located near the confluence of State Route 247 and State Route 96 (combined 41,200 AADT) with interparcel access within Merganser Common (anchored by Publix Super Market) Excellent Location: Situated in a largely residential neighborhood and located near communities such as Stratford Hills, Harley Farms, and Harley Estates, the property is a convenient and attractive option for Bonaire residents Reliable Customer Base: The property is located near several major employers, including Frito-Lay Inc, Northrop Grumman, and Anchor Glass Container Corporation Beneficial Proximity to Schools: The site is surrounded by schools, including Windsor High School (1,172 students), Windsor Middle School (812 students), Grandview Elementary School (763 students), and Skyview Elementary School (602 students) Set Near A Major U.S. Airforce Base: This Heartland Dental is located less than 10 miles from Robins Air Force Base (the largest single-site industrial complex in Georgia) Strong Demographics: Within a five-mile radius of the site, the population count is 67,201, while the average annual household income within a one-mile radius is $130,173

FOR SALE DETAILS

PRICE

$3,089,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental | Bonaire

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,295 SF

ZONING

C2

APN/PARCEL ID

125C-92

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

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