5303 Adams St
Covington, GA 30014
Covington Medical Center · Office Property For Sale

RTP Capital Advisors is pleased to present Covington Medical Center, a 100% NNN leased medical building occupied by Athens Orthopedic Clinic, a major practice with 14 locations throughout Athens and the surrounding areas, and Alliance Spine & Pain Centers, made up of 19 locations throughout Georgia. Covington Medical Center is located off US Route 278 (23,200 VPD), Covington’s major retail corridor merging with Interstate 20 not far from Covington Medical Center. The subject property is part of a number of medical offices surrounding Piedmont Newton Hospital, Newton County’s major hospital. Piedmont Newton Hospital is part of the Piedmont Healthcare System, a major regional healthcare provider made up of eight hospitals and over 100 locations throughout Georgia. Covington, the seat of Newton County, is part of the metro Atlanta area, one of the fastest growing metros in the nation with a growing population of 5,750,000+ people throughout 29 counties. Atlanta is a major business center for the southeast and home to fifteen Fortune 500 companies including the Coca-Cola Company, Delta Airlines, Chick-fil-A, and many more. Atlanta is also home to major universities such a the Georgia Institute of Technology and Emory University in addition to major league sports teams like the Falcons and the Braves. Covington Medical Center offers investors the opportunity to acquire a 100% NNN leased medical building located in the metro Atlanta area, nearby the county’s main hospital, and with a long history of usage as a medical building. We are pleased to present this asset at a price of $3,187,000, representing a 7.00% cap rate.