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NNN MOB | 8.50% Cap | Hospital Adjacent 707 N Houston Rd 3,956 SF Office Building Warner Robins, GA 31093 $977,400 ($247.07/SF) 8.50% Cap Rate
Investment Highlights
- Valuable Asset Class – Medical offices are undersupplied in the state of Georgia and the greater southeast, adding a high demand for clinical space
- Advantageous Return – At an 8.50% year one cap rate, this rate of return allows for a positive leverage scenario from day one
- Newly Acquired Local Hospital – Houston Healthcare was recently acquired by Emory Health, adding massive credit backing
- Passive Ownership – Taxes, insurance, and maintenance are all tenant responsibilities under the NNN lease included with this asset
- Opportune Medical Location – This property sits less than one mile from the Emory Hospital Warner Robins
- Surplus of Patients – Numerous neighborhoods, schools, and the Robins Air Force Base surround the subject property
Executive Summary
Name
Maxx Bauman
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 80041, 451849 (GA)
Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
Phone
(866) 889-0550
Maxx Bauman
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 80041, 451849 (GA)
Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
Phone
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,956 SF
Building Class
C
Year Built
1976
Price
$977,400
Price Per SF
$247.07
Cap Rate
8.50%
NOI
$83,076
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,956 SF
Building FAR
0.08
Lot Size
1.13 AC
Zoning
C-2
Parking
15 Spaces (3.79 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Southeast Medical Group began in 1988 as a small family medicine practice and later rebranded from Southeastern Primary Care Specialists to its current name. The company focuses on primary care, family medicine, preventive care, diagnostic testing, chronic disease management, and same-day or virtual visit options for patients across Georgia, Alabama, and Tennessee. Southeast Medical Group has also expanded into value-based care and partnership models, including Southeast Quality Network and Physicians First ACO, while continuing to build a regional primary care presence.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0W061I01F000 | Improvements Assessment | $122,880 |
| Land Assessment | $35,320 | Total Assessment | $158,200 |
Property Taxes
Parcel Number
0W061I01F000
Land Assessment
$35,320
Improvements Assessment
$122,880
Total Assessment
$158,200
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Photos
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Map
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Contact the Sale Advisor
NNN MOB | 8.50% Cap | Hospital Adjacent | 707 N Houston Rd