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1115-1119 Morningside dr
Perry, GA 31069
NNN MOB Portfolio | 8.5% | Hospital Adjacent · Office Property For Sale
Investment Highlights
- Healthcare real estate with long-term tenants, increased property value, and favorable rental rates.
- Operating expenses paid by each tenant, providing predictable revenues for investors.
- 450+ affiliate provider network across the southeast, PE-backed by BPOC private equity firm.
- Rental increases provide a hedge against inflation and consistent growth of investment dollars.
- Sits directly across from Emory Hospital Perry — invaluable location for any healthcare tenant.
- Numerous medical clinics and surgery centers surround this asset in a prime medical corridor.
Executive Summary
Maxx Bauman
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,534 SF
Building Class
C
Year Built
1968
Price
$2,508,000
Price Per SF
$263.06
Cap Rate
8.50%
NOI
$213,187
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,534 SF
Building FAR
0.21
Lot Size
1.04 AC
Zoning
C2 - C2
Parking
106 Spaces (11.12 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $286,480 | |
| Land Assessment | $51,480 | Total Assessment | $337,960 |
Property Taxes
Parcel Numbers
Land Assessment
$51,480
Improvements Assessment
$286,480
Total Assessment
$337,960
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