Overview
-
Updated On:
- December 14, 2020
Description
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.
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.
Property Id : 19270
Price: $ 3,800,000
Rooms: 0
Bedrooms: 0
Bathrooms: 0
Year Built: 2016
Price Per Square Foot: $251.57
Cap Rate: 7.89%
Leasable Area: 15,105 SF
Occupancy: 76%
NOI: $299,796
Other Features
Elevator
Owner Occupant
Other Agents
Property Reviews
You need to login in order to post a review
Similar Listings
$ 1,700,000
​Former family entertainment center (mini-golf, go-carts, etc.​). ​7.97 AC lot / multiple
[more]
​Former family entertainment center (mini-golf, go-carts, etc.​). ​7.97 AC lot / multiple structures totaling appro
[more]
$ 250,000
Dawsonville is the county seat of Dawson County, Georgia, United States. Population has in
[more]
Dawsonville is the county seat of Dawson County, Georgia, United States. Population has increased by more than 28 p
[more]
$ 850,000
Located 30 minutes south of Atlanta, McDonough is a city for all seasons with a charming d
[more]
Located 30 minutes south of Atlanta, McDonough is a city for all seasons with a charming downtown that is bustling
[more]
$ 900,000
Great location in Norcross GA along Holcomb Bridge with high visibility and car traffic. P
[more]
Great location in Norcross GA along Holcomb Bridge with high visibility and car traffic. Perfect for owner-user or
[more]
$ 2,600,000
Dawsonville is the county seat of Dawson County, Georgia, United States. Population has in
[more]
Dawsonville is the county seat of Dawson County, Georgia, United States. Population has increased by more than 28 p
[more]
$ 1,200,000
Kennesaw is a seat of Cobb County, one of the most sought-after locations for businesses a
[more]
Kennesaw is a seat of Cobb County, one of the most sought-after locations for businesses across diverse and growing
[more]
$ 675,000
Blue Springs Station is a retail shopping center, well-positioned in Kennesaw, a wealthy A
[more]
Blue Springs Station is a retail shopping center, well-positioned in Kennesaw, a wealthy Atlanta suburb. Built-in 2
[more]
$ 198,000
A beautiful entry level commercial investment property in an opportunity zone offered at $
[more]
A beautiful entry level commercial investment property in an opportunity zone offered at $198,000. This is perfect
[more]