Property For Sale Listing 1887
NNN 9% Cap Rate Medical Office Bldg
Status as of Oct-8-2008 at 02:04 AM: Off The Market
Property Summary
Approx. 14,000 sq. ft. freestanding medical building divided into 9,200 sq ft medical offices and 4,800 in unfinished storage space. Building was designed for multiple medical practices and multiple doctors of various specialties because it is just one block from the hospital. The property was originally constructed in 1982 and remodeled in 1997. Construction is slab on grade, concrete block and metal exterior walls, and metal roof. The office space is centrally heated and cooled with multiple HVAC systems, floors are carpet and tile, walls are painted and papered sheetrock and the ceilings are acoustic tile. Seller to sign a new 5-year NNN lease at closing. Lease to be assignable with prior written approval of new owner.
Located one block from the hospital adjacent to a mall on one of the busiest streets in the city. Site is approx. 28,908 sq. ft. Bainbridge is a growing city of baby boomers with cash and a need for convenient, quality medical care. Bainbridge is just north of Tallahassee, FL (the state capital city) and Florida residents are moving into south GA to escape hurricanes, high taxes, high insurance rates, crime and the high costs of livings in FL.
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Location
| Classification: |
United States // Southeast States // Georgia // Other Georgia |
Price
| Price Classification: |
Between $500 Thousand and $1 Million |
| Asking Price: |
$933,330 |
Property Type
| Classification: |
Office Properties |
| Type: |
Office Bldg-Medical |
