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9 Medical Dr NE
Cartersville, GA 30121

$4,000,000 USD

Medical For Sale  •  10,720 SF

Property Details

  • Property Type Medical
  • Total Building Size 10,720 SF
  • Lot Size 1.28 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning C1, County
0 Transit Score
32 Walk Score

Highlights

Passive Investment - Two new Triple Net (NNN) leases signed by Georgia Urology and Piedmont Healthcare providing a secure and passive investment
Strong Tenancy - Georgia Urology is the southeast's leading independent urology practice with over 80 providers across more than 30 locations
Long-Term WALT - Georgia Urology and Piedmont Healthcare recently signed new leases, bringing the Weighted Average Lease Term to 7.5 years
Annual Rent Escalations - Both leases boast 3% annual escalations. Annual rent escalations are a necessity for a safe investment
Medical Corridor - The property is located in a strong healthcare corridor and just across the street from Piedmont Cartersville Medical Center
Growing Demographics - There are 53,773 residents with an average household income of $89,617 within a 5-mile radius of the property

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Georgia Urology 7,320 SF 3/5/2028
Piedmont Healthcare 3,430 SF 1/31/2035

Amenities

  • Security System
  • Wheelchair Accessible
  • Reception
  • Natural Light
  • Plug & Play
  • Hardwood Floors
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Paul Timmons 704-228-1116 Franklin Street
Paul Timmons 704-228-1116 Franklin Street