Investment Opportunity | Medical Office Building
$3,006,000
1002 Boulder Drive, Gray, GA 31032
For Sale
Office
Medical
Active
Last Updated: 08/28/2024
6.25
Cap Rate
188,545
NOI
Details:
Cap Rate: 6.25%
NOI: $188,545
Building Size: 6,904 sqft
Lot Area: 0.94 sqft
Year Built: 2006
Highlights:
- Tenant: US Renal Care
- Tenant has occupied the space since September 2006; 5-year renewal option was exercised in November 2021
- USRC serves more than 26,000 patients across 33 states in more than 400 facilities. (source: usrenalcare.com/about))
- NOI – $188,545
- Cap rate of 6.25% with 2.25% annual increases
Description:
6,904 SF medical office building located on the bypass; just off Gray Hwy (across from Ingles grocery store & next to Morris Bank).
Documents:
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boulder_drive_1002_v1_.pdf
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The Summit Group
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Listing on TSG Website
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Location
Gallery
