2685 Milscott Dr | Decatur, GA 30033
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2685 Milscott Dr
Decatur, GA 30033
NORTHSIDE HOSPITAL UROLOGY SURGERY CENTER · Office Property For Sale
Investment Highlights
- VALUABLE LOCATION FOR NORTHSIDE: By restricting the number of new facilities, CON laws can create a limited market for these centers.
- GROWING CASHFLOW: Annual increases of 2% and 3% are included for each tenant respectively, causing an annual increase in cashflow for an investor.
- UROLOGY INDUSTRY: Urology care covers a wide range of medical conditions, treatments, and care types.
- SPECIALIZED BUILD OUT: Healthcare real estate is a highly sought-after investment as it tends to be more resistant than other asset classes.
- GEORGIA UROLOGY: Georgia Urology is the largest urology practice in the state and is also physician-owned.
- ATLANTA MSA: This asset sits within a population-dense area of the Atlanta MSA with over 324k residents in a 5-mile radius.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
13,373 SF
Building Class
C
Year Built
1974
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,373 SF
Building FAR
0.16
Lot Size
1.98 AC
Parking
40 Spaces (2.99 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Monument Signage
PROPERTY TAXES
| Parcel Number | 18-048-08-008 | Improvements Assessment | $1,088,000 |
| Land Assessment | $272,000 | Total Assessment | $1,360,000 |
PROPERTY TAXES
Parcel Number
18-048-08-008
Land Assessment
$272,000
Improvements Assessment
$1,088,000
Total Assessment
$1,360,000
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