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Outpatient Clinic Portfolio VA

2 Office Properties Offered at $7,989,595 in Multiple Locations

Investment Highlights

  • • Leases are guaranteed by the full faith and credit of the United States of America (Aaa credit rating)
  • • Significant lease term remaining with lease expirations in 2032 (Newnan) & 2033 (Blairsville)
  • • Operating expense rent increases at a guaranteed rate of 2% annually
  • • Build-to-Suit construction and custom-designed facilities to comply with Veterans Affairs specifications and requirements
  • • VA Blairsville has approximately 784 SF of potential expansion space for the VA

Executive Summary

Opportunity to acquire a +/- 20,806 SF two-property portfolio leased to the U.S. Department of Veterans Affairs. The subject properties
are located in the State of Georgia with lease expirations in 2032 and 2033. Both clinics are build-to-suit and custom-designed facilities
to comply with Veterans Affairs specifications and requirements. VA Blairsville is near the Tennessee border in north Georgia and VA
Newnan is 30 minutes southwest of Hartsfield-Jackson Atlanta International Airport. The +/- 9,216 SF VA Blairsville is an Audiology and
Speech Pathology clinic that is fit for hearing and balance evaluations, the selection, management, and repair of hearing aids and assistive
listening device assessments, the evaluation, programming, and management of cochlear and bone-anchored implants, treatments
for auditory processing disorder, and services that help with speech, language, fluency, voice, cognitive communication, swallowing,
stuttering, and laryngectomy. The +/- 10,000 SF VA Newnan clinic provides laboratory blood draws, clinical testing, pathology, primary
care, internal medicine, and specialty health services, including treatment for lung disease. The clinic’s lab has the capabilities to study
bodily fluids for illness management, tests for infectious diseases, cytopathology (the study of unusual cells), and autopsy services.

Property Facts

Price $7,989,595
Price / SF $399.48 / SF
Cap Rate 8%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 20,000 SF
Total Land Area 6.09 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
A
39 Oak Hill Ct, Newnan, GA 30265
Office 10,000 SF 2009 -
Blairsville VA Building
1294 Southern Highlands Trl, Blairsville, GA 30512
Office 10,000 SF - -
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  • Listing ID: 33383425

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: Outpatient Clinic Portfolio VA, Newnan, GA

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