The Offering
CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer Clearview Outpatient Center (the “Property”) for purchase. Clearview Outpatient Center is strategically positioned on Highway 81 South just south of Atlanta Highway (U.S. Route 78) in Loganville, Georgia within Walton County, east of Atlanta. Built in 2007 for general office use, the building was renovated and converted to medical office in 2009.
The Property is 100% leased to Clearview Regional Medical Center and guaranteed by Health Management Associates (HMA) through July 2024 on a triple-net (NNN) lease with two five-year options to renew. Clearview Regional Medical Center and HMA are both owned by CHS/Community Health Systems (NYSE:CYH), one of the nation’s leading operators of general acute care hospitals. The facility is leased on behalf of the Clearview Endoscopy Center, Clearview Womens Healthcare and Alcovy Gastroenterology.
Offering Information
- Offering Price: Best Offer
- Building Size: 15,242 SF
- Year Built: 2007, Ren. 2009
- Occupancy: Single Tenant
- In-Place NOI: $480,491
- Annual Increases: 2.00%
- Lease Expires: July 2024
Investment Highlights
- 100% Leased to a Fortune 500 Health System
- Stable Cash Flow and Lease Structure
- Proximate to Major Medical Institutions
- Easily Accessible, High Traffic Location
- Heavy CON Protections in Georgia
- Appealing Aging Trends
- Delivered Free and Clear of Existing Debt
U.S. CBRE Healthcare Capital Markets Group
Lee Asher
+1 404 504 5965
lee.asher@cbre.com
Chris Bodnar
+1 303 628 1711
chris.bodnar@cbre.com
CBRE Net Leased Properties Group
Brian Pfohl
+1 404 504 7893
brian.pfohl@cbre.com
Chris Bosworth
+ 1 404 923 1486
chris.bosworth@cbre.com
Debt & Structured Finance
Greg Greene
+1 214 979 5617
greg.greene@cbre.com
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