Excelsior Healthcare | 277 E Crogan St
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Excelsior Healthcare 277 E Crogan St
2,836 SF Office Building Lawrenceville, GA 30046 $924,326 ($326/SF) 6.75% Cap Rate
Investment Highlights
- 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guarantee | The lease will feature a corporate guarantee from Excelsior Healthcare.
- Attractive Rent Increases | The lease will feature scheduled increases of 2.00% annually.
Executive Summary
NNN Pro is pleased to present the exclusive listing for an
Excelsior Healthcare located at 277 East Crogan St,
Lawrenceville, GA 30046. The site consists of roughly 2,836
rentable square feet of building space on an estimated 0.45-acre
parcel of land. This Excelsior Healthcare is subject to a 20-year
Triple Net (NNN) lease which will commence upon close of
escrow. The annual rent will be $62,392 and has scheduled
increases of 2.00% annually.
Excelsior Healthcare located at 277 East Crogan St,
Lawrenceville, GA 30046. The site consists of roughly 2,836
rentable square feet of building space on an estimated 0.45-acre
parcel of land. This Excelsior Healthcare is subject to a 20-year
Triple Net (NNN) lease which will commence upon close of
escrow. The annual rent will be $62,392 and has scheduled
increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,836 SF
Building Class
B
Year Built/Renovated
1953/2009
Price
$924,326
Price Per SF
$326
Cap Rate
6.75%
NOI
$62,392
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,836 SF
Building FAR
0.14
Lot Size
0.45 AC
Zoning
C1
PROPERTY TAXES
| Parcel Number | 5-174-012 | Improvements Assessment | $164,720 |
| Land Assessment | $94,080 | Total Assessment | $258,800 |
PROPERTY TAXES
Parcel Number
5-174-012
Land Assessment
$94,080
Improvements Assessment
$164,720
Total Assessment
$258,800
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Excelsior Healthcare | 277 E Crogan St
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