| PRICE : | $6,225,000 |
|---|---|
| CAP RATE: | 7.75% |
| PROPERTY TYPE: | Office |
| BUILDING SIZE: | 16,500 SF |
| YEAR BUILT: | 1988 |
Highlights
- • Absolute Net Lease with 2% annual escalations
- • 8+ years of initial lease term remaining
- • Renewal options at continuing rate & escalation
- • Personal guarantee
- • Outstanding demographics
- • Excellent location
Description
Bull Realty is pleased to present the opportunity to acquire the Progressive Medical Center MOB in a very affluent suburb of Atlanta - Dunwoody, GA. This single tenant net leased healthcare facility has been the home of Progressive Medical since 2016.
This rapidly growing sector of healthcare includes a holistic healthcare focus as compared with traditional western or conventional medicine. This approach addresses the whole person by emphasizing the body’s own ability to heal itself, as well as promoting healthy lifestyle changes, preferring natural treatments and remedies over synthetically produced compounds.
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 additional details that should assist in your underwriting.
TIMELINE
Property tours available upon request. The Seller will move forward with the first acceptable offer.
