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Cardiology MOB | Hosp Adjacent | ATL 1468 Montreal Rd 18,972 SF 100% Leased Office Building Tucker, GA 30084 $7,200,000 ($379.51/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Essential Product Type: Healthcare Real Estate provides one of the highest degrees of confidence for long term tenancy for investors. The essential na
- Diversified Space: Two buildings sit adjacent on this property, offering tenants a blend of available space. A variety of available footprints increas
- Growing Rental Rates: 3% annual rental increases are included on each lease within this rent roll. Strong, consistent rental rate growth provides a k
- Reduced Management: The modified triple-net leases included with each lease provide owners with less management-intensive ownership and more predictab
EXECUTIVE SUMMARY
Broker of Record
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
18,972 SF
Building Class
B
Year Built
2006
Price
$7,200,000
Price Per SF
$379.51
Cap Rate
7.25%
NOI
$522,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,972 SF
Building FAR
0.76
Lot Size
0.57 AC
Zoning
C1
Parking
77 Spaces (4.06 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
Since 2000, their board-certified physicians have delivered a full range of patient-oriented cardiovascular care, including state-of-the-art prevention, consultation, diagnostic, and treatment services.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 18-144-07-012 | Improvements Assessment | $1,441,520 |
| Land Assessment | $390,960 | Total Assessment | $1,832,480 |
PROPERTY TAXES
Parcel Number
18-144-07-012
Land Assessment
$390,960
Improvements Assessment
$1,441,520
Total Assessment
$1,832,480
CONTACTS
-
Ryan Burke -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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Cardiology MOB | Hosp Adjacent | ATL | 1468 Montreal Rd
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