203 Woodpark Pl
Woodstock, GA 30188
WellStar Medical Group at Woodpark Place · Office Property For Sale

This 7,857 SF medical office building is occupied by WellStar Health System who recently extended their lease through June of 2022. The building has been home to a successful medical practice since it’s construction in 1994, while the Woodstock population has more than tripled since 2000. The asset is generating Net Operating Income of $90,143 and the lease is subject to attractive 2.5% annual increases. WellStar paid for renovations of the building in 2014. There is 2,500 SF of well-finished office space on the second floor, currently vacant, providing an investor the opportunity to capture additional value. 60% of Wellstar's business is sourced from Cherokee County supporting this as an extremely important location to the tenant. For more information, please contact Mitch Smith.