Single Tenant MOB Investment

Highlights:

• Fully Leased: 5-Year Initial Term
• 2.7 Yeears Remaining: Lease Expires on 1/31/2028
• High Quality Building: 2009 Build | Stone Exterior
• 3% Annual Increases: Contractual Rent Growth
• Below Market Lease Rate: Convert Lease to NNN
• One (1), Three (3) Year: Renewal Option
• 5,752 Square Feet: Optimal Medical Office Size

Description:

The Finem Group at Meybohm Commercial is pleased to present a fully leased medical office investment opportunity located at 1219 West Wheeler Parkway, Augusta, GA.

This two-story, 5,752 square foot medical office building is 100% leased to Wellstar Health System on a five-year initial term. Wellstar is currently operating a pediatric ENT in the property. Approximately 2.7 years remain on the current lease, with one three-year renewal option in place.

Constructed in 2009, the building is in excellent condition with a durable stone exterior and modern medical office layout. The lease is structured as modified gross, with the tenant responsible for utilities and interior maintenance.

This asset presents a clear value-add opportunity: the current lease rate aligns with comparable market leases that are structured as NNN, allowing a buyer to potentially transition to a full reimbursement lease structure upon a new lease.

Located just off Wheeler Road, the property is less than one mile from Doctors Hospital of Augusta, I-20, and I-520, positioning it within the West Augusta Medical District—a strategic healthcare corridor.

The site is also one mile from Augusta Exchange, a major retail node featuring national retailers such as Target, Regal Cinemas, Chick-fil-A, Chili’s, BrandsMart, and Crunch Fitness, providing significant area traffic and visibility.

1219 West Wheeler Parkway is located in West Augusta, a dense and established medical and commercial corridor. The property sits less than one mile from Doctors Hospital of Augusta, a 350-bed acute care facility and key anchor of the West Augusta Medical District. Immediate access to I-20 and I-520 connects the location to downtown Augusta, Evans, Grovetown, and North Augusta, SC.

The nearby Augusta Exchange shopping center is a regional retail hub that draws consistent traffic and provides added visibility and accessibility. The area is characterized by stable healthcare tenancy, high-demand commercial real estate, and ongoing development.

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