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670 S 8th St 4,856 SF 100% Leased Office Building Griffin, GA 30224 $875,000 ($180.19/SF) 8.58% Cap Rate
Investment Highlights
- Medical office building currently leased to Labcorp, ensuring consistent cash flow.
- Constructed with block and brick, featuring central air conditioning and heating for operational efficiency.
- Easy connectivity to Downtown Griffin and major area thoroughfares within Spalding County.
- Located one block from Wellstar Spalding Regional Hospital, offering convenient healthcare synergy.
- Ample on-site parking and full access to public utilities, including water, sewer, and cable.
Executive Summary
Located one block from Wellstar Spalding Regional Hospital, the site offers excellent connectivity for medical users and the patient community. The property sits on a 0.52-acre lot with available parking and easy access to public utilities, including water, sewer, and cable. With an asking price of $875,000 and strong tenant performance, this property delivers both current cash flow and long-term potential in a well-established medical corridor serving Griffin and surrounding areas.
Property Facts
Major Tenants
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Labcorp began in Burlington, North Carolina, in 1995 as a local laboratory that later grew through decades of expansion and scientific investment. The company now operates as a global life sciences and healthcare business focused on diagnostics and drug development support, with services that help patients, providers, and biopharma organizations make healthcare decisions. Labcorp’s work spans clinical laboratory testing, genetics, and other specialized laboratory services, reflecting a business model built around advancing health through data and scientific insight.
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What makes us different from other Orthopedic practices in this area? In many practices, the patient has become “just a number.” The practice has become a big company. There’s just not enough time for good care. At Orthopaedic Solutions, we have maintained the personalized care of a traditional practice. We know you as a person – not just as a condition. Even though we use all the latest technologies, we still maintain the heritage of individual service.
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Property Taxes
| Parcel Number | 026-02-020 | Improvements Assessment | $270,479 |
| Land Assessment | $36,242 | Total Assessment | $306,721 |
Property Taxes
Contact the Sale Advisor
670 S 8th St