Bethlehem Exchange

$3,800,000

426 Exchange Blvd | Bethlehem,Ga 30620
4
2
1
26 squares
ID# 1336
  • Cap Rate:

    7.89%
  • Year Built:

    2016
  • Leasable Area:

    15,105 SF
  • NOI:

    $299,796
  • Occupancy:

    76%
  • Price Per Square Foot:

    $251.57
  • Land Area:

  • Acres:

  • Parking Sports:

INVESTMENT OVERVIEW

This is a rare opportunity to own a value-add 76% leased free standing medical office complex in
the fast-growing Atlanta suburb of Bethlehem/Winder. The buildings provide easy access to Hwy
316, a critical state highway connecting Atlanta and Athens. The property is currently leased to 5
tenants, all medical specialists. The offering includes three buildings, built in 2016 and includes
two vacant suites, both under 2,000 square feet. The property is in excellent condition and ready
for an entrepreneurial owner to maximize return through leasing activity. An owner/user could
purchase this property and occupy a vacant suite while collecting rent from other tenants.

HIGHLIGHTS

• Northeast Georgia Physicians Group is one of Georgia’s largest medical practices (350 Physicians and Clinical Staff)
• New long term leases for Embrace Orthodontics and Barrow Gwinnett ENT
• 20% population growth over the previous 5 years
• Hwy 316 Flyover Bridge to increase connectivity in Bethlehem trade area
• Internet-resistant tenants

Area Information

Bethlehem is an affluent, fast-growing suburb in northeast Atlanta, with a population of over 42,000 people and an average household income of over $65,000 within a 5-mile radius. The immediate area continues to attract new residents with over 20% population growth over the last 5 years. These demographics are evidence of the continued stability and future growth of the area.

Location Map

Agent Details

Jason F. Chaliff

  • (404)-500-8961
  • (404)-483-4477
  • mmBrett Feldman
    brett@riseprop.com
    (404) -654-3568
    (404)-219-5558
  • Quick Contact

    Do not fill this field in

    Do not fill this field in

    Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy .
    Close Menu