100% Occupied Medical Office Building Portfolio | 7% Cap Rate
1388 Wellbrook Cir NE
Conyers, GA 30012
Highlights
- ±9,780 SF and ±6,500 SF Medical Office Buildings adjacent to hospital campuses
- Leases are NNN in structure and have 2.5% and 3.0% annual escalations
- Rapidly growing tenant with 21+ Metro Atlanta locations
- A 10-year lease renewal has been executed by the anchor tenant and subsidiaries
Description
Bull Realty is pleased to offer to qualified investors the opportunity to acquire a pair of medical office buildings occupied by Alliance Spine and Pain Centers located in Conyers and Covington, GA. Both properties are 100% occupied. The tenant runs a very busy pain management clinic which includes surgery suites for interventional procedures. The Covington property has one additional tenant, Athens Orthopedic Clinic, who occupies 19% of the MOB.
Both properties are strategically located adjacent to Piedmont Rockdale and Piedmont Newton campuses.
If you would like to pursue this opportunity, please return the Confidentiality Agreement on the last page of this Offering Memorandum. Once received, we will forward you the rent roll, income & expenses, and any other reasonably requested items.
The Seller will move forward with the first acceptable offer.
Conyers & Covington, GA
