303 Smith St | Lagrange, GA 30240
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303 Smith St
Lagrange, GA 30240
NNN Emory Health | 3% Coop Fee | Aa2 Operator · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Master Lease – Emory Specialty Associates is the single tenant for the NNN Master Lease across all four properties
- I-85 & I-185 Intersection – A daily average of over 30,000 cars travel on I-85
- The Emory Clark-Holder Clinic in West Point has 3 providers which offer a full range of primary care services
- Attractive Return – Achieve growth on your investment’s return with 3% annual increases and an average cap rate of 8.63% over the 3-year term
- The Emory Clark-Holder Clinic in LaGrange staffs 17 physicians and over 200 employees providing various services
- Historical Clinic - Established in 1936 by Dr. Wallace Clark and Dr. James Holder, this clinic continues to provide various primary care services
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
47,368 SF
Building Class
C
Year Built
1973
Percent Leased
100%
Building Height
4 Stories
Typical Floor Size
47,368 SF
Building FAR
0.34
Lot Size
3.16 AC
Zoning
DT-MX - Commercial
Parking
211 Spaces (4.45 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 061-4A-007-011 | Improvements Assessment | $2,317,788 |
| Land Assessment | $316,000 | Total Assessment | $2,633,788 |
PROPERTY TAXES
Parcel Number
061-4A-007-011
Land Assessment
$316,000
Improvements Assessment
$2,317,788
Total Assessment
$2,633,788
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