Medical Office For Sale | Decatur

Property Overview

ASSET PROFILE

• Building Net Rentable Area: 6,892 SF
• Site Size: 2.45 AC
• Current Occupancy: 100%
• Year Built: 1990
• Number of Floors: 1
• Ceiling Height: 12’
• Waiting Rooms
• Parking: 3 / 1,000
• Number of Tenants: 4
• Weighted Average Lease Term: 5 Years
• Year 1 NOI: $89,596

VACANCY

• Vacancy: 0 %
• In Place Rate: $13.00 PSF / FSG
• Condition: Medical Office

INVESTMENT HIGHLIGHTS

• Fifty feet from Wesley Chapel/Rainbow Drive and a signalized intersection, offers excellent visibility and exposure
• Medical/office building, currently zoned OI
• Ideal for owner user and/or rental income investment
• Has been owner occupied with a medical practice for 25+ years, current use is for medical and associated businesses.
• Close to major interstate highways I-20 & I-285
• Over 12 exam rooms, multiple office spaces, conference/board room, multiple nurses stations, storage spaces, break room, leaded x-ray room, onsite sprinkler system, 4 handicap accessible bathrooms, 4 separate entrances

TENANT PROFILES

SOAPSTONE CENTER, LLC

Soapstone Center for Clinical Research, LLC works to engage our private patients and the local community by participating in clinical research. By doing so we are offering medical treatment that might otherwise be unavailable, as well as providing up to date information on medical advancements. At the Soapstone Center for Clinical Research, we understand that medications may have varied
responses amongst our diverse population. Our mission is to insure that our community is represented to acknowledge the safety and efficacy of these new medical regimens prior to their acceptance by the FDA. This can only be achieved by providing the pharmaceutical industry with quality data and patient diversity for clinical trials.

ST REAL ESTATE HOLDINGS, LLC

When you work with us, you work with a team that has your best interests in mind. We have partnered with other real estate investors on joint projects and welcome real estate inquiries for future endeavors. We are members of several real estate organizations and collaborate closely with a non-profit entity, Let Our House Be Your Home Inc., also based out of Decatur, whose mission is to find affordable housing for the under-served in the metropolitan Atlanta area. The mission of ST Real Estate Holdings, LLC is to deliver premier and quality investments related to diversified properties for residential and commercial entities in the metropolitan Atlanta area. We strive to offer value and long-term growth to our customer-focused professionals for optimal capital and risk management investments. ST Real Estate Holdings, LLC was founded in 2016 for the advancement of people and contributes to the communities in which we live and work with excellence and integrity.

LET OUR HOUSE BE YOUR HOME, INC. 

Let Our House Be Your Home, Inc. is a non-profit tax exempt 501 (c) 3 organization, with an emphasis on “returning citizens,” paroled and released inmates both male and female, seeking to overcome life’s obstacles in a safe environment conducive to this objective. Lack of affordable housing is an American crisis. The reasons are many, and Let Our House Be Your Home, Inc. is dedicated to doing its part in helping to mitigate the burdens afflicted by this unfortunate state of affairs. We know that we cannot do this alone, but if we do our part and others emulate, then our mission will be instrumental in making change in people’s lives. It takes a village to raise a child, and it takes a safe and compassionate home to foster the love and determination to amplify the concern for our community.