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Cartersville Urgent Care 10 Main Street Marketplace

5,000 SF Office Building Cartersville, GA 30121 £2,784,320 (£557/SF) 5% Net Initial Yield

Investment Highlights

  • High visibility (+25,000 v.p.d.) retail corridor near Interstate 75 and dense Cartersville commercial activity.
  • Quality construction (2018) and new Lease Guarantor - Piedmont Healthcare.
  • Efficient floor plan works well for Urgent Care, Medical Office, Professionals.

Executive Summary

Excellent free-standing Urgent Care Facility. Lease guaranty by Piedmont Healthcare, one of the largest in the region. Net-leased through March, 2029 with renewal options. Annual rent escalations of 2%, great passive investment.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
2019
Price
£2,784,320
Price Per SF
£557
Net Initial Yield
5%
NOI
£139,216
Tenancy
Single
Number of Floors
1
Typical Floor Size
5,000 SF
Building FAR
0.11
Lot Size
1.00 AC
Zoning
Commercial
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C005-0004-002
Land Assessment
£305,671
Improvements Assessment
£0
Total Assessment
£305,671
  • Listing ID: 31300722

  • Date on Market: 22/03/2024

  • Last Updated:

  • Address: 10 Main Street Marketplace, Cartersville, GA 30121

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