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Archbold Primary Care 2621-2643 E Pinetree Blvd 13,813 SF Retail Building Thomasville, GA 31792 $3,920,000 ($283.79/SF) 6.25% Cap Rate
Investment Highlights
- 10 Years Remaining in the Original Lease Term with Two, 5-Year Options Available
- Strategically Located Along E Pinetree Blvd Which has Daily Traffic Counts Exceeding 13,300 Vehicles
- Situated at the Signalized Intersection of Remington Ave and E Pinetree Blvd with Excellent Visibility and Multiple Points of Access
- Lease Supports a Rent Increase in Year 7 and a 5% Rent Increase in Each Option
- Positioned Within a Busy Retail Corridor and Surrounded by National Retailers Including Walmart, Chick-fil-A, Burger King, Dollar Tree, Dunkin', Sonic
- Archbold Healthcare System Includes 4 Hospitals, 4 Nursing Homes and Over 200 Specialty Physicians
Executive Summary
10 Years Remaining in the Original Lease Term with Two, 5-Year Options Available
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,813 SF
Building Class
B
Year Built
2004
Price
$3,920,000
Price Per SF
$283.79
Cap Rate
6.25%
NOI
$245,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.05 AC
Zoning
2
Parking
55 Spaces (3.98 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-001008 | Improvements Assessment | $745,642 |
| Land Assessment | $263,451 | Total Assessment | $1,009,093 |
Property Taxes
Parcel Number
010-001008
Land Assessment
$263,451
Improvements Assessment
$745,642
Total Assessment
$1,009,093
Contacts
-
Deno Bistolarides -
Gino Kassab -
Danny Samona -
Encore Real Estate Investment Services
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Archbold Primary Care | 2621-2643 E Pinetree Blvd
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