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Investment Opportunity | Medical Office Building

1002 Boulder Drive,
Gray, GA 31032

$3,006,000

Listing Agent

Kevin Harkins

Associate Broker

Office: 478-750-7507

Mobile: 478-338-0623

Email

Sterling Bailey

Founding Partner | Managing Broker

Office: 478-750-7507

Mobile: 478-951-9443

Email

Property Details

  • County: Jones
  • Building Size (SF): 6,904
  • Lot Size (Acres): .94
  • Year Built: 2006
  • Zoning: C-3

Detailed Description

6,904 SF medical office building located on the bypass; just off Gray Hwy (across from Ingles grocery store & next to Morris Bank).

Tenant Info

Tenant: US Renal Care

  • Tenant has occupied the space since September 2006; 5-year renewal option was exercised in November 2021
  • USRC serves more than 26,000 patients across 33 states in more than 400 facilities.  (source:  usrenalcare.com/about))

Miscellaneous

  • NOI – $188,545
  • Cap rate of 6.25% with 2.25% annual increases

Location Map

Google Map of 1002 Boulder Drive Gray,GA 31032

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Interested in commercial or investment real estate?

Call The Summit Group at (478) 750-7507 to learn how we can help!