100% Occupied Medical Office Building Portfolio | 7% Cap Rate

1388 Wellbrook Cir NE, Conyers, GA 30012

  • For Sale $4,850,000
  • Property Type Office - Medical Office
  • Property Size 16,280 SF
  • Lot Size 0.9 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1994
  • Date Updated May 15, 2024
Conyers & Covington, GABull Realty is pleased to offer to qualified investors the opportunity to acquire a pair of medical office buildings occupied by Alliance Spine and Pain Centers located in Conyers and Covington, GA. Both properties are 100% occupied. The tenant runs a very busy pain management clinic which includes surgery suites for interventional procedures. The Covington property has one additional tenant, Athens Orthopedic Clinic, who occupies 19% of the MOB. Both properties are strategically located adjacent to Piedmont Rockdale and Piedmont Newton campuses. If you would like to pursue this opportunity, please return the Confidentiality Agreement on the last page of this Offering Memorandum. Once received, we will forward you the rent roll, income & expenses, and any other reasonably requested items. The Seller will move forward with the first acceptable offer.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • ±9,780 SF and ±6,500 SF Medical Office Buildings adjacent to hospital campuses
  • Leases are NNN in structure and have 2.5% and 3.0% annual escalations
  • Rapidly growing tenant with 21+ Metro Atlanta locations
  • A 10-year lease renewal has been executed by the anchor tenant and subsidiaries

Contacts

broker

Paul Zeman

Bull Realty

(404) 876-1640

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent

  • Bike Score ®

    17/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Conyers, GA
  • Zip Code 30012
  • Market Atlanta

Points of Interest

  • RaceTrac

    1.05 miles

  • Shell

    1.07 miles

  • Texaco

    1.14 miles

  • Exxon

    1.96 miles

  • QuikTrip

    2.00 miles

  • Kroger

    2.55 miles

  • Bj's Fuel

    2.80 miles

  • Shell

    3.48 miles

  • Exxon

    3.94 miles

  • Chevron

    3.98 miles

  • I-20E & WEST AVENUE Park & Ride

    1.94 miles

  • East Conyers Park & Ride

    2.77 miles

  • Sigman Road Park & Ride

    3.28 miles

  • West Conyers Park & Ride

    3.32 miles

  • Mountain bike area parking

    3.43 miles

  • Green Parking

    3.93 miles

  • Orange Parking

    4.09 miles

  • Red Parking

    4.24 miles

  • Purple Parking

    4.33 miles

  • Nature Center Parking

    6.58 miles

  • Country Inn & Suites

    1.55 miles

  • Courtyard Atlanta Conyers

    1.60 miles

  • Econo Lodge

    1.80 miles

  • Microtel Inn & Suites by Wyndham Conyers Atlanta Area

    1.85 miles

  • Comfort Inn

    1.99 miles

  • Comfort Suites Lithonia- Stonecrest -Near Mall

    5.77 miles

  • Fairfield Inn & Suites Atlanta Stonecrest

    5.85 miles

  • Econo Lodge

    6.70 miles

  • La Quinta Inn & Suites by Wyndham Covington

    8.38 miles

  • Church's Chicken

    0.37 miles

  • Wendy's

    0.40 miles

  • Zaxby's

    0.50 miles

  • Beaslys Drug co

    1.18 miles

  • Las Flores

    1.20 miles

  • CremBerrys

    1.23 miles

  • Los Charros

    1.31 miles

  • Subway

    1.46 miles

  • Golden Correl

    1.48 miles

  • Donna Marie's Pizza & Pasta

    1.64 miles

  • Conyers Middle School

    0.41 miles

  • Rockdale Magnet School

    0.74 miles

  • C.J. Hicks Elementary School

    0.87 miles

  • Rockdale County High School

    0.89 miles

  • Pine Street Elementary School

    1.04 miles

  • Conyers Apostolic Christian Academy

    1.55 miles

  • J P Carr School

    1.62 miles

  • Georgia Perimeter College- Rockdale Campus

    1.74 miles

  • Rockdale Career Academy

    2.39 miles

  • Hightower Trail Elementary School

    2.53 miles

Frequently Asked Questions

How much does 100% Occupied Medical Office Building Portfolio | 7% Cap Rate cost?

The space currently listed for sale at 100% Occupied Medical Office Building Portfolio | 7% Cap Rate asks for $4,850,000.

What is the total square footage of 100% Occupied Medical Office Building Portfolio | 7% Cap Rate?

100% Occupied Medical Office Building Portfolio | 7% Cap Rate totals 16,280 square feet.

When was this property built?

100% Occupied Medical Office Building Portfolio | 7% Cap Rate was built in 1994.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Paul Zeman

Bull Realty

(404) 876-1640