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Peachtree Immediate Care 997 Gaines School Rd 3,600 SF Retail Building Athens, GA 30605 $3,162,500 ($878.47/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- New Construction, Long-Term, Absolute NNN Lease
- Essential Needs Business
- Rapidly Growing Market (Athens, GA)
- Dominant Retail Corridor: located on signalized intersection with 25,000+ vehicles per day, near Lowe's, Aldi, Publix, Kroger, and Ollie's
- Less than Two Miles from the University of Georgia: student enrollment of ~43k and ~12k employees
EXECUTIVE SUMMARY
This is a prime opportunity to acquire a new construction Peachtree Immediate Care with a rare, 12-year lease term. The lease is absolute NNN and has 10.0% rent escalations every 5 years.
The property is located in Athens, GA, only two miles from The University of Georgia, which has ~43k students and ~12k employees.
The property is located in Athens, GA, only two miles from The University of Georgia, which has ~43k students and ~12k employees.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
B
Year Built
2025
Price
$3,162,500
Price Per SF
$878.47
Cap Rate
6%
NOI
$189,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.68 AC
Frontage
AMENITIES
- Signage
- Monument Signage
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
1 of 6
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Presented by
Johnny Blue Real Estate Services, LLC
Peachtree Immediate Care | 997 Gaines School Rd
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