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218 N Hwy 49
Byron, GA 31008

$2,125,000 USD

General Retail For Sale  •  9,050 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,600 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 8.50 %
  • Tenancy Multiple
  • Zoning C-1
0 Transit Score
40 Walk Score

Highlights

Medical Office Demand – Undersupply in Georgia and the Southeast supports strong demand and long-term tenant retention.
Rent Growth – 3% annual increases provide steady income growth and hedge against inflation.
NNN Lease – Tenant covers taxes, insurance, and maintenance, offering passive, low-touch ownership.
Strong Initial Yield – Offered at an 8.50% cap rate, supporting immediate positive leverage
Accessible Location – Minutes from I-75 with strong visibility and patient convenience.
Healthcare Expansion – Emory’s acquisition of Houston Healthcare boosts regional healthcare presence and credit profile.
Cap Rate: 8.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Lucky Duck Internet Cafe 6/30/2012
Palms Medical Transport 3/9/2011

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Ryan Burke 843-252-5911 Matthews Real Estate Investment Services
Ryan Burke 843-252-5911 Matthews Real Estate Investment Services