Freestanding Medical Office Opportunity | ±9,049 SF

For Sale$995,000

1565 Highway 34 East, Newnan, GA 30265

  • Office
  • Medical Office

Freestanding Medical Office Opportunity | ±9,049 SF, Newnan, GA 30265 - Office Space

Freestanding Medical Office Opportunity | ±9,049 SF is located at 1565 Highway 34 East in the White Oaks neighborhood, GA, Newnan, 30265. The Class B Office building was completed in 2000 and features a total of 9,049 Sqft.

There are 2 office spaces for lease in the White Oaks neighborhood, totaling 7,784 Sqft of available office space. The office space availability for the 30265 zip code is 7,784 Sqft, in 2 office spaces. The average asking office rent per sq. ft. in White Oaks is $12/sqft/year. For Class B office buildings the average office rate is $12/sqft/year.

In White Oaks, there are 2 class B office buildings.

Nearby Listings

Details

  • Price $995,000
  • City Newnan
  • Neighborhood White Oaks
  • Zip Code 30265
  • Property Type Office - Medical Office
  • Property Size 9,049 Sqft
  • Building Class B
  • Year Built 2000
  • Date Updated 13 Jan, 2021

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

Description

Located on Highway 34 East with ease of access to I-85 in Coweta County, GA.

Highlights

  • ±9,049 SF freestanding, two-tenant medical office building
  • 5,784 SF former dialysis space available for occupancy (can be subdivided as small as 2,000 SF)
  • 4-sided brick construction
  • Excellent street exposure on Highway 34 with strong traffic counts
  • Approximately 1 mile from I-85 on main thoroughfare between Newnan, Peachtree City, Fayetteville and Jonesboro
  • Strong demographics - 3-mile radius Average HH Income of $82,411
  • Tenant is American Health Imaging (32 locations in 4 states) - Tenant been in place since 2001 with current lease expiring June 2021. Has two 5-year options to renew with escalations.
  • Huge upside in leasing vacant space (proforma 14% cap rate)

FREQUENTLY ASKED QUESTIONS

What is the lease rate for Freestanding Medical Office Opportunity | ±9,049 SF?

Rental asking rate at Freestanding Medical Office Opportunity | ±9,049 SF is Offered Unpriced per square foot.

What is the total square footage of Freestanding Medical Office Opportunity | ±9,049 SF?

Freestanding Medical Office Opportunity | ±9,049 SF totals 9,049 square feet.

When was this property built?

Freestanding Medical Office Opportunity | ±9,049 SF was built in 2000.

White Oaks Demographics

The average household income in zip code 30265 is $102,264, from a total of 12,846 households. In terms of employment, there are 76.36 % white-collar and 23.64 % blue-collar jobs in zip code 30265.

Population

  • Total Population34,690
  • Male Population(47.4 %) 16,449
  • Female Population(52.6 %) 18,241
  • Median Age39.70

Income/Financial

  • Average Household Income$102,264
  • Median Household Income$83,485
  • Median Income Under 25$34,274
  • Median Income 25-44$84,451
  • Median Income 45-64$98,488
  • Median Income Over 65$60,196

Attachments

Commercial Broker Register now to add listings

Michael Wess, CCIM

Bull Realty, Inc.

(404) 876-1640

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