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Piedmont Mountainside Hospital MOB 3

1020 JL White Drive, Jasper, GA 30143


20,237 SF | Office

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Office Property - Off Market

Building Size:
20,237 SF
Property Type:
Property Sub-type:
Medical Office
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
Building Class:
Lot Size:
2.36 AC
Listing ID
Last Updated
over 1 year ago


CBRE' s Healthcare Capital Markets Group is pleased to exclusively offer the Piedmont Mountainside Hospital Medical Office Building 3 for purchase. The 20,237 rentable square foot one-story Class A medical office building was built in 2011 and is located on a 2.36-acre tract adjacent to the Piedmont Mountainside Hospital, a 42-bed acute care hospital serving the greater Jasper, Georgia area. Piedmont Mountainside Hospital is a wholly owned subsidiary of Piedmont Healthcare, which boasts Aa3 and AA- credit ratings by S&P and Moody' s respectively. The property is 100% occupied with nearly 80% leased to the hospital: 52% to Piedmont Mountainside Hospital and 27% to Piedmont Medical Care Corporation, offering investors a stable medical office investment in a high-growth north Georgia medical corridor near Atlanta.

Investment Highlights
" Predictable Cash Flow with Long-term Stability
" Piedmont Mountainside Hospital
" Credit Tenant Income
" Virtually On-Campus Location
" Delivered Free and Clear of Existing Debt
" Exceptional Demographics
" Growing Medical Submarket
" Highest Quality Medical Office Building
" Minimal Capital Exposure
" Recession Resistant Property Category
" Appealing Aging Trends
" Medical Office Fundamentals
" Healthcare Fundamentals

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Research for 1020 JL White Drive, Jasper, GA 30143 (Pickens County)