The Offering
| Offering Price | Best Offer |
| Address | 4586 Timber Ridge Drive, Douglasville, GA 30135 |
| Building Size | 28,400 SF |
| Year Built | 2000 |
| Occupancy | 90.20% |
| In-Place NOI | $295,677 |
CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer Prestley Mill Medical Center (the “Property”) for purchase. Prestley Mill Medical Center is located just off Interstate 20 in Douglasville, Georgia within Douglas County. The Property is 90.2% leased to a synergistic mix of tenants offering a variety of medical services with approximately 56% leased to Northside Hospital and Emory Healthcare (Moody’s ‘Aa2’, S&P ‘AA’ and Fitch Ratings ‘AA+’).
Prestley Mill Medical Center is strategically positioned only half a mile from Wellstar Douglas Hospital, a 108-bed hospital offering adult medicine, pediatrics, surgery, obstetrical and newborn care, ophthalmology, Total Joint Replacement, pain management and a variety of diagnostic and therapeutic services. Wellstar Douglas Hospital is one of five hospitals within the WellStar Health System and the only hospital in Douglas County.
Investment Highlights
- Investment Grade Credit and Hospital Tenancy
- Proximate to Wellstar Douglas Hospital
- High-Caliber, Synergistic Tenant Mix
- Property Offered Fee Simple
- Easily Accessible, Well-Retailed Location
- Heavy CON Protections in Georgia
- Appealing Aging Trends
- 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
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
