LeParc Manget 466 Manget St 3,000 SF Office Building Marietta, GA 30060 $750,000 ($250/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- Medical Office
- Atlanta MSA
- Long Term Lease (10 year)
- 8 Cap
EXECUTIVE SUMMARY
HSI Commercial is proud to introduce an outstanding medical commercial real estate asset that combines robust income potential with exceptional market positioning. This property is currently secured under an 8.5-year triple-net (NNN) lease, offering a reliable revenue stream with built-in rent escalations of 5% every three years. Designed to meet the exacting standards of modern healthcare providers, this facility is ideally located in a thriving medical corridor, ensuring high visibility and accessibility for patients and professionals alike.
Key Investment Highlights:
Stable NNN Lease: Enjoy a secure, low-management investment with an 8.5-year lease term.
Built-in Rent Escalations: Benefit from 5% increases every three years, providing inflation protection and enhancing long-term returns.
Prime Medical Location: Situated in a bustling healthcare hub, this property is surrounded by leading medical institutions and research centers.
Purpose-Built Facility: A modern design with specialized features tailored to the needs of medical practices and outpatient services.
Attractive Investment Opportunity: With minimal operational expenses and steady rental income, this asset is perfect for investors seeking stability and growth in the healthcare real estate market.
This is a rare opportunity to acquire a high-caliber medical property with strong lease terms and built-in value appreciation. Contact us today to schedule a private tour and explore how this asset can be a cornerstone in your investment portfolio.
Key Investment Highlights:
Stable NNN Lease: Enjoy a secure, low-management investment with an 8.5-year lease term.
Built-in Rent Escalations: Benefit from 5% increases every three years, providing inflation protection and enhancing long-term returns.
Prime Medical Location: Situated in a bustling healthcare hub, this property is surrounded by leading medical institutions and research centers.
Purpose-Built Facility: A modern design with specialized features tailored to the needs of medical practices and outpatient services.
Attractive Investment Opportunity: With minimal operational expenses and steady rental income, this asset is perfect for investors seeking stability and growth in the healthcare real estate market.
This is a rare opportunity to acquire a high-caliber medical property with strong lease terms and built-in value appreciation. Contact us today to schedule a private tour and explore how this asset can be a cornerstone in your investment portfolio.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
3,000 SF
Building Class
B
Year Built/Renovated
2001/2022
Price
$750,000
Price Per SF
$250
Cap Rate
8%
NOI
$59,992
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,700 SF
Building FAR
0.23
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
LRO - Low Rise Office
Parking
14 Spaces (5.13 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- The Blue Garnett
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
The Blue Garnett | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
Parcel Number | 17-0290-0-049-0 | Improvements Assessment | $127,384 |
Land Assessment | $67,776 | Total Assessment | $195,160 |