1708 Norman Dr | Valdosta, GA 31601
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1708 Norman Dr
Valdosta, GA 31601
Peachtree Immediate Care · Office Property For Sale
Investment Highlights
- Unique new construction 12-year corporate absolute NNN lease to growing tenant
- Corporate guarantee by CRH Healthcare, a well-established provider of urgent care services with over 98 locations in Georgia
- 10% rental increases every five years during initial term and options periods
- New high-quality 2024 construction built to the latest Peachtree Immediate Care prototype
Executive Summary
A newly constructed, 3,600 SF facility, the property sits on a 0.97-acre parcel (42,253 SF) and features full access via cross-parking agreements with Valdosta Mall, optimizing customer accessibility. This investment is structured as an absolute NNN lease, where the tenant covers all expenses, including property taxes, insurance, and all maintenance responsibilities, allowing for a truly hands-off investment opportunity. The property benefits from high visibility, positioned just off the signalized intersection of Norman Drive and St. Augustine Road, with a combined traffic count exceeding 44,000 vehicles per day, ensuring a constant flow of potential customers. The property is surrounded by established national brands like Starbucks, Chipotle, and Panera Bread, as well as big-box retailers such as Lowe’s and Target, guaranteeing consistent foot traffic throughout the year. The property serves a dense residential area with 66,402 residents within a five-mile radius and a median age of 32.5 years, ensuring a steady flow of younger families and professionals who rely on urgent care services. The tenant, CRH GA Management, LLC, is a subsidiary of CRH Healthcare, which operates over 98 urgent care facilities in Georgia. This corporate-backed lease provides a secure and reliable income stream for the landlord.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
3,600 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,600 SF
Building FAR
0.09
Lot Size
0.97 AC
Opportunity Zone
Yes
Parking
55 Spaces (15.28 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 0082C-074 | Improvements Assessment | $5,692,090 |
Land Assessment | $6,300,000 | Total Assessment | $11,992,090 |
PROPERTY TAXES
Parcel Number
0082C-074
Land Assessment
$6,300,000
Improvements Assessment
$5,692,090
Total Assessment
$11,992,090
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