Surgical Medical
For Sale
Contact for pricing
1000 Centre Brook Ct, Columbus, GA 31904
Medical facility with surgical use and CO zoning in Columbus, Georgia.
Property Size17,963 SF
Price / SF$194.57
Days on Market180
Property Features for 1000 Centre Brook Ct
General Information
Standard status
Active
Size
17,963 SF
Class
C
Property subtype
Office
Zoning
CO
Investment Type
Owner/User
Building Details
Year Built
2012
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Commercial Kennon, Parker,Duncan & Davis Columbus
(706) 289-2468
Listed By:
Carson Cummings · License #GA
Source:
Crexi
Added: Mar 4
Changed: Aug 30
Last Checked: Aug 30 at 7:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Kennon, Parker,Duncan & Davis Columbus
Investment Insights
Based on property information with market context.
This medical center is identified as a surgical and medical facility with CO zoning. The property was built in 2012.
Located at 1000 Centre Brook Ct in Columbus, Georgia, the facility carries a 31904 ZIP code.
Located at 1000 Centre Brook Ct in Columbus, Georgia, the facility carries a 31904 ZIP code.
Key Highlights
- Surgical and medical facility
- CO zoning
- Built in 2012
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$211,310
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,226,200
$4.2M
Cap Rate 7%
$3,018,714
$3.0M
Cap Rate 9%
$2,347,889
$2.3M
Market Conditions
NOI Build-Up for 17,963 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$303.9K $16.92/SF
− Vacancy
−$22.2K −$1.24/SF
EGI
$281.7K $15.68/SF
− OpEx
−$70.4K −$3.92/SF
NOI
$211.3K $11.76/SF
Area
Columbus, GA
Vacancy
7.30%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,226,200
Cap Rate 7%
$3,018,714
Cap Rate 9%
$2,347,889
Alternative Uses
Best Use
Office B
$3.02M
$2.64M – $3.52M
NOI $211,310 @ 7.0% cap · market cap 6.05%
Second Best
Healthcare Medical
$3.01M
$2.64M – $3.52M
NOI $211,010 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M
NOI $281,347 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 31904, GA
36,947
Population
15,947
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
88%
High-School Grad
27.5 sq mi
ZIP Area
1,344
Density / Sq Mi
$65,625
Median Household Income
$42,573
Median Earnings
$1,036
Median Rent
$216,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Medical facility with surgical use and CO zoning in Columbus, Georgia.
Where is this medical center located?
The property is located at 1000 Centre Brook Ct Columbus, GA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Surgical and medical facility; CO zoning; Built in 2012
