The Offering
Offering Price: $2,350,000
In-Place Cap Rate: 8.12%
Square Feet: 11,050
Year Built: 2005
Occupancy: 100%
In-Place NOI: $190,805
CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the Canton Medical Building (the “Property”) in the city of Canton, Georgia for purchase. Built in 2005, the Property consists of 11,050 square feet across one level and is 100% occupied by two high-caliber tenants – Marietta Eye Clinic and Atlanta Allergy & Asthma. Marietta Eye Clinic is a full-time comprehensive eye care center consisting of eight offices across the northern suburbs of Atlanta. Atlanta Allergy & Asthma, the largest allergy practice in Georgia, has been the premier provider of quality care and research in the field of allergies, asthma, and immunology for more than 40 years.
The Property is strategically located within Canton, Georgia, a northern suburb of Atlanta, proximate to the new Northside Hospital Cherokee. The city of Canton was recently ranked the #1 Best Place to Live in Georgia and boasts an affluent, growing population.
Investment Highlights
- 100% Leased by High-Caliber Tenancy
- Easily Accessible, High Traffic Location
- Proximate to Northside Hospital Cherokee
- Well-Retailed, Amenity-Rich Area
- Ideal Market for Tenant Specialties
- Canton – Ranked #1 Best Place to Live in Georgia
- Appealing Aging Trends and Demographics
- “Recession Resistant” Property Category
- Delivered Free and Clear of Existing Debt
Contact Information
CBRE U.S. Healthcare Capital Markets Group
Lee Asher
Executive Vice President
+1 404 504 5965
lee.asher@cbre.com
Chris Bodnar
Executive Vice President
+1 303 628 1711
chris.bodnar@cbre.com
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