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Medical Office Building 1002 Boulder Dr 6,904 SF Office Building Gray, GA 31032 $3,006,000 ($435.40/SF) 6.27% Cap Rate
INVESTMENT HIGHLIGHTS
- Tenant: US Renal Care
- USRC serves more than 26,000 patients across 33 states in more than 400 facilities. (source: usrenalcare.com/about)
- Tenant has occupied the space since September 2006; 5-year renewal option was exercised in November 2021
EXECUTIVE SUMMARY
6,904 SF medical office building located on the bypass; just off Gray Hwy (across from Ingles grocery store & next to Morris Bank).
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,904 SF
Building Class
C
Year Built/Renovated
2006/2020
Price
$3,006,000
Price Per SF
$435.40
Cap Rate
6.27%
NOI
$188,545
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,904 SF
Building FAR
0.15
Lot Size
1.04 AC
Zoning
C-3
Parking
32 Spaces (4.63 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | J45D00 063A | Improvements Assessment | $286,624 |
| Land Assessment | $56,400 | Total Assessment | $343,024 |
PROPERTY TAXES
Parcel Number
J45D00 063A
Land Assessment
$56,400
Improvements Assessment
$286,624
Total Assessment
$343,024
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Medical Office Building | 1002 Boulder Dr
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