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6612 Exchange Pl 6,557 SF Office Building Morrow, GA 30260 $985,000 ($150.22/SF) 8.25% Cap Rate
Investment Highlights
- Single-tenant medical office building
- Limited Landlord responsibilities
- Strong Tenant history
Executive Summary
Hailey Realty Company is pleased to offer the single-tenant medical office building leased to Southern Smiles Dental Associates, LLC (“Southern Smiles?) located at 6612 Exchange Place, Morrow, GA 30260 (“Property”). Southern Smiles and its providers have operated at the Property for over 30 years. The Property consists of a ±6,557 SF medical office building on 1.08 acres with very close access to I-75 at Exit 233 (Jonesboro Rd).
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Building Size
6,557 SF
Building Class
B
Year Built
1980
Price
$985,000
Price Per SF
$150.22
Cap Rate
8.25%
NOI
$81,300
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,557 SF
Building FAR
0.14
Lot Size
1.08 AC
Zoning
BG - General Business District
Parking
50 Spaces (7.63 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Southern Smiles Dental Associates LLC
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Southern Smiles Dental Associates LLC | Health Care and Social Assistance | - | - | - |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-0112A-00A-039 | Improvements Assessment | $250,240 |
| Land Assessment | $56,680 | Total Assessment | $306,920 |
Property Taxes
Parcel Number
12-0112A-00A-039
Land Assessment
$56,680
Improvements Assessment
$250,240
Total Assessment
$306,920
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Contact the Sale Advisor
6612 Exchange Pl