307 Church St | Lagrange, GA 30240
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307 Church St
Lagrange, GA 30240
MT Dental Office | 7.25% Cap | Ideal 1031 · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Healthcare Real Estate – Medical offices have a strong track record of being ideal invesment assets due to the tenants’ ideal lease terms
- Advantageous Return – At a 7.25% cap rate, this asset provides a workable return that aligns with today’s interest rate environment
- Ideal Medical Market – Refresh Me Dental Center is located one block from the 50,000 SF Emory Health Multi- Specialty Clinic
- Growing Rents – 84% of the rent roll includes 3% annual rental increases, providing an investor a hedge against inflation through continuous growth
- Growing Market – LaGrange, Georgia, has seen significant developments in recent years, including the relocation of the Remington Firearms’ national HQ
- Metro Midway – LaGrange is mid-way between the state’s largest cities- Atlanta and Columbus. As a midway point, it works as a hub for Western GA
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
10,000 SF
Year Built
1966
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,000 SF
Building FAR
0.34
Lot Size
0.68 AC
Zoning
16- DT-MX
Parking
38 Spaces (0 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 061-4A-008-007 | Improvements Assessment | $559,160 |
| Land Assessment | $58,520 | Total Assessment | $617,680 |
PROPERTY TAXES
Parcel Number
061-4A-008-007
Land Assessment
$58,520
Improvements Assessment
$559,160
Total Assessment
$617,680
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