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8% Cap Medical Office | NNN | PE-Backed 1282 S Houston Lake Rd 6,400 SF Office Building Warner Robins, GA 31088 $1,680,000 ($262.50/SF) 8% Cap Rate
Investment Highlights
- Valuable Asset Class – Medical offices are undersupplied in the state of Georgia and the greater southeast
- Advantageous Return – At a 7.75% year one cap rate, this rate of return allows for a positive leverage scenario from day one
- Newly Acquired Local Hospital – Houston Healthcare was recently acquired by Emory Health, adding massive credit backing
- Passive Ownership – Taxes, insurance, and maintenance are all tenant responsibilities under the NNN lease included with this asset
- Easily Accessible – This clinic is seated on one of Warner Robins’ busiest thoroughfares, Houston Lake Rd, and offers pull-up-parking
- Surplus of Patients – Numerous neighborhoods, schools, and the Robins Air Force Base surround the subject property
Executive Summary
Broker of Record
Name
Maxx Bauman
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 80041, 451849 (GA)
Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
Phone
(866) 889-0550
Name
Maxx Bauman
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 80041, 451849 (GA)
Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
Phone
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
6,400 SF
Building Class
C
Year Built/Renovated
1995/2018
Price
$1,680,000
Price Per SF
$262.50
Cap Rate
8%
NOI
$134,401
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,400 SF
Building FAR
0.07
Lot Size
2.01 AC
Zoning
C2
Parking
27 Spaces (4.22 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Southeast Medical Group began in 1988 as a small family medicine practice and later rebranded from Southeastern Primary Care Specialists to its current name. The company focuses on primary care, family medicine, preventive care, diagnostic testing, chronic disease management, and same-day or virtual visit options for patients across Georgia, Alabama, and Tennessee. Southeast Medical Group has also expanded into value-based care and partnership models, including Southeast Quality Network and Physicians First ACO, while continuing to build a regional primary care presence.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0W0980149000 | Improvements Assessment | $220,520 |
| Land Assessment | $278,400 | Total Assessment | $498,920 |
Property Taxes
Parcel Number
0W0980149000
Land Assessment
$278,400
Improvements Assessment
$220,520
Total Assessment
$498,920
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Photos
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Map
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Contact the Sale Advisor
8% Cap Medical Office | NNN | PE-Backed | 1282 S Houston Lake Rd