The Offering
Avison Young is pleased to present the Atlanta Medical Office Portfolio, a 184,705 square-foot Class A medical office portfolio located adjacent to prestigious hospital systems in two of Atlanta’s fastest-growing suburbs. This is a rare opportunity to acquire a core-plus investment portfolio of campus-adjacent medical buildings for which all of the heavy lifting has been done, leasing momentum has been established and the path to stabilization has been paved.
Investment Highlights
- Rare “Class A” core-plus medical office portfolio.
- Offered fee simple with no hospital restrictions.
- Located across the street from WellStar Kennestone Hospital and adjacent to Piedmont Henry Hospital.
- 75% leased providing the opportunity to add value through leasing up to market occupancies.
- The portfolio has an in-place NOI of $1,471,137.
- Critical mass of medical office in the fast-growing and affluent Atlanta submarkets of Marietta and Stockbridge.
- Anchored by Piedmont Healthcare, Emory Healthcare and Northside Hospital.
- All properties are newer construction or recently renovated.
- Marietta Medical Center is LEED Silver certified.
- Strong lease up momentum in site constrained submarkets.
- Ability to purchase well below replacement cost.
For more information, please visit: http://avisonyoung.listinglab.com/AtlantaMedicalOfficePortfolio/
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