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Eastman Dialysis - Fresenius Medical Care 1078 Plaza Ave 7,122 SF Office Building Eastman, GA 31023 $1,375,000 ($193.06/SF) 6.45% Cap Rate

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EXECUTIVE SUMMARY

We are excited to present a unique investment opportunity at 1078 Plaza Avenue, nestled on the campus of Dodge County Hospital in the heart of Eastman, Georgia. This prime property, built in 2001, boasts a 7,122 square foot building situated on a spacious 0.76-acre lot. The property's main attraction is its long-term tenant, Freneuis Medical, who has occupied the building for over two decades, and has 7.5 years left on their lease. With a strong and established tenant in place, this offering promises an attractive return on investment and the potential for long-term financial security.

ATTACHMENTS

1078 Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,122 SF
Building Class
C
Year Built
2001
Price
$1,375,000
Price Per SF
$193.06
Cap Rate
6.45%
NOI
$88,688
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,122 SF
Building FAR
0.13
Lot Size
1.30 AC
Zoning
002 - Commercial
Parking
76 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00480-00000-002-E00
Land Assessment
$27,736
Improvements Assessment
$343,067
Total Assessment
$370,803
  • Listing ID: 32139206

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 1078 Plaza Ave, Eastman, GA 31023

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