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5617 Princeton Ave
Columbus, GA 31904
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • 8% Cap Rate
  • NNN Lease Structure
  • Standalone All Brick Building
  • Established National Credit Tenant
  • Rent Increases Upon Renewal
  • Newer Roof and HVAC Units

EXECUTIVE SUMMARY

MedMark is a subsidiary of BayMark Health Services, operating over 300 clinics nationwide. They are backed by global private equity with a focus on healthcare expansion. With there being minimal Landlord responsibility, this investment offers predictable cash flow and passive income—ideal for 1031 exchange or long-term hold investors. The asset is well positioned in a medical corridor near primary care and behavioral health providers. There is a strong regional draw with proximity to St. Francis-Emory Healthcare, Piedmont Columbus Regional, and Fort Benning (military base).
The MedMark Columbus North center sits in a diverse, mid-sized city environment, combining residential comfort with practical business infrastructure. It’s well-positioned to serve local patients—whether commuting from nearby homes or living across the city—while being just a short drive from Columbus’s more culturally active and recreational core.
MedMark Treatment Centers is a regional outpatient provider offering evidence-based medication-assisted treatment, counseling, and recovery support for opioid and alcohol use disorders. With a growing network, licensed experts, and a supportive care model, they aim to increase treatment access and outcomes in underserved communities.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Building Size
6,000 SF
Building Class
C
Year Built
1982
Price
$1,100,000
Price Per SF
$183.33
Cap Rate
8%
NOI
$88,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.17
Lot Size
0.81 AC
Zoning
Commercial - NC - Neighborhood Commercial
Parking
22 Spaces (3.67 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line
  • Convenience Store
  • Dry Cleaner
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
188-008-025
Land Assessment
$101,616
Improvements Assessment
$207,491
Total Assessment
$309,107
  • Listing ID: 37184275

  • Date on Market: 8/8/2025

  • Last Updated:

  • Address: 5617 Princeton Ave, Columbus, GA 31904

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