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Medical Office Building 1002 Boulder Dr

6,076 SF 100% Leased Office Building Gray, GA 31032 $3,006,000 ($495/SF) 6.27% Cap Rate

Investment Highlights

  • Tenant: US Renal Care
  • USRC serves more than 26,000 patients across 33 states in more than 400 facilities. (source: usrenalcare.com/about)
  • Tenant has occupied the space since September 2006; 5-year renewal option was exercised in November 2021

Executive Summary

6,904 SF medical office building located on the bypass; just off Gray Hwy (across from Ingles grocery store & next to Morris Bank).

Attachments

Property Flyer

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,076 SF
Building Class
C
Year Built/Renovated
2006/2020
Price
$3,006,000
Price Per SF
$495
Cap Rate
6.27%
NOI
$188,545
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
6,904 SF
Building FAR
0.13
Lot Size
1.04 AC
Zoning
C-3
Parking
32 Spaces

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
J45D00 063A
Land Assessment
$56,400
Improvements Assessment
$183,289
Total Assessment
$239,689
  • Listing ID: 27114466

  • Date on Market: 11/14/2022

  • Last Updated:

  • Address: 1002 Boulder Dr, Gray, GA 31032

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