Leased Midtown Medical Office
$220,000
2019 7th Ave, Columbus, GA 31904
6
Cap Rate
13,208.7
NOI
Details:
Highlights:
- - Currently at 100% occupancy, offering immediate returns
- - 1,760 SF building, ideal for office or medical use
- - Renovated in 2019 for modern functionality
- - Zoned RO - Residential Office
- - Prime location in the Columbus area
Description:
Prime medical office investment opportunity in Midtown Columbus! Morehouse School of Medicine currently leases the building. Morehouse has leased the property since July of 2023 and recently renewed its lease for three (3) years. The building is approximately 1,760 square feet and features a large waiting room, built-in file storage, co-working areas, private offices, and three bathrooms. With a prime location, flexible zoning, and a credit tenant with a 3-year lease in place, this building offers unlimited potential for an office building investor.
The leased medical property is adjacent to Piedmont Midtown Medical Campus and the John B. Amos Cancer Center (JBACC) in Midtown Columbus, GA. The location offers convenient access to Veterans Pkwy. (US-27), Victory Drive (US-280) and other major roadways interconnect it with the other large healthcare provider, St. Francis-Emory Healthcare. The location is near Mid-City and Uptown Columbus, surrounded by a mix of retail, dining, and entertainment options, the area provides an ideal environment for businesses and employees alike.
Documents:
| Title | ||
|---|---|---|
| 2019_7th_Avenue_Sale_Brochure.pdf | ||
| 2019_7th_Avenue_Sale_Brochure.pdf |
Location
