Medical Office Building | 1002 Boulder Dr
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Medical Office Building 1002 Boulder Dr
6,076 SF 100% Leased Office Building Gray, GA 31032 £2,352,045 (£387/SF) 6.27% Net Initial Yield
Investment Highlights
- Tenant: US Renal Care
- USRC serves more than 26,000 patients across 33 states in more than 400 facilities. (source: usrenalcare.com/about)
- Tenant has occupied the space since September 2006; 5-year renewal option was exercised in November 2021
Executive Summary
6,904 SF medical office building located on the bypass; just off Gray Hwy (across from Ingles grocery store & next to Morris Bank).
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,076 SF
Building Class
C
Year Built/Renovated
2006/2020
Price
£2,352,045
Price Per SF
£387
Net Initial Yield
6.27%
NOI
£147,527
Percent Leased
100%
Number of Floors
1
Typical Floor Size
6,904 SF
Building FAR
0.13
Lot Size
1.04 AC
Zoning
C-3
Parking
32 Spaces
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PROPERTY TAXES
Parcel Number | J45D00 063A | Improvements Assessment | £143,414 |
Land Assessment | £44,130 | Total Assessment | £187,545 |
PROPERTY TAXES
Parcel Number
J45D00 063A
Land Assessment
£44,130
Improvements Assessment
£143,414
Total Assessment
£187,545
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Medical Office Building | 1002 Boulder Dr
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