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U.S. Renal Care 506 N Patterson St 6,122 SF Office Building Valdosta, GA 31601 $1,685,000 ($275.24/SF) 8.01% Cap Rate
Investment Highlights
- ? Recently Extended Lease Term ? Five-Year Extension Commences June 2026
- ? Two Five-Year Options to Renew ? Option Periods are at Fair Market Value
- ? Limited Landlord Responsibilities ? Additional Rental Income Collected Through CAM Reimbursements
- ? Strong Historical Occupancy ? Tenant has Occupied Location Since 2011
- ? Located on Valdosta’s Primary City Thoroughfare ? Traffic Counts of 7,500+ VPD
Executive Summary
? Recently Extended Lease Term
? Five-Year Extension Commences June 2026
? Strong Historical Occupancy
? Tenant has Occupied Location Since 2011
? Two Five-Year Options to Renew
? Option Periods are at Fair Market Value
? Located on Valdosta’s Primary City Thoroughfare
? Traffic Counts of 7,500+ VPD
? Limited Landlord Responsibilities
? Additional Rental Income Collected Through CAM Reimbursements
? Five-Year Extension Commences June 2026
? Strong Historical Occupancy
? Tenant has Occupied Location Since 2011
? Two Five-Year Options to Renew
? Option Periods are at Fair Market Value
? Located on Valdosta’s Primary City Thoroughfare
? Traffic Counts of 7,500+ VPD
? Limited Landlord Responsibilities
? Additional Rental Income Collected Through CAM Reimbursements
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,122 SF
Building Class
B
Year Built/Renovated
1984/2011
Price
$1,685,000
Price Per SF
$275.24
Cap Rate
8.01%
NOI
$134,969
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,122 SF
Slab To Slab
9’
Building FAR
0.31
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-C
Parking
27 Spaces (4.41 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
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Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 0118C-108 | Improvements Assessment | $305,939 |
| Land Assessment | $73,600 | Total Assessment | $379,539 |
Property Taxes
Parcel Number
0118C-108
Land Assessment
$73,600
Improvements Assessment
$305,939
Total Assessment
$379,539
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Videos
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U.S. Renal Care | 506 N Patterson St
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