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1216 Stark Ave
8,676 SF Office Building Columbus, GA 31906 $1,876,500 ($216/SF) 7% Cap Rate
Investment Highlights
- State-of-the-art dialysis center with 20 stations, allowing access to an average 69 patients per week
- Limited Landlord Responsibility with repairs to roof and structure
- Roof Replacement in 2018 for $58,000
Executive Summary
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$131,355
|
$15.14
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $131,355 |
| Annual Per SF | $15.14 |
Property Facts
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- -
- Net
- Aug 2029
DaVita is about life. They are about enriching the lives of their patients, teammates and partners, and the communities in which they operate. To know DaVita—affectionately referred to as the Village—is to understand their history and culture. From a humble start to striving to become a pioneer in health care around the world, see how DaVita has progressed through the years. At DaVita, they are driven to deliver differential, equitable and holistic care to their patients throughout their entire kidney disease journey. Learn how they are making strides to transform kidney care today and beyond. “Giving life.” The name DaVita is an adaptation of this Italian phrase. This is what teammates strive to do for DaVita patients every day, whether they work in a clinic or give support in an office. They are dedicated to an unwavering pursuit of a healthier tomorrow through their mission and core values.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | - | Net | Aug 2029 |
PROPERTY TAXES
| Parcel Number | 184-010-001 | Improvements Assessment | $612,703 (2023) |
| Land Assessment | $77,780 (2023) | Total Assessment | $690,483 (2023) |
PROPERTY TAXES
-
John Box -
Artha Associates
Presented by
1216 Stark Ave
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