Medical Office with
109 Redmond Road Rome, GA 30165
109 Redmond Road, Rome, GA, 30165
Contact for pricing
For Sale
Contact for pricing
2,256 SF Mediquick business and real estate offered with a 10-year NNN lease structure.
Property Size2,256 SF
Price / SF$148.49
Days on Market84
Property Features for 109 Redmond Road
General Information
- Standard status
- Active
- Size
- 2,256 SF
- Property subtype
- Office
Building Details
- Year Built
- 1945
Listing agency
Sands Investment Group
(844) 474-4666
Listed by
Andrew Ackerman · License #GA 311619
Source
Crexi
Added: Apr 30 Updated: Jul 21 at 5:34PM Checked: Jul 21 at 5:34PM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to offer for sale the 2,256 SF Mediquick business and real estate at 109 Redmond Road in Rome, GA. The offering includes both the operating business and the underlying real estate, presented as a sale-leaseback opportunity with a clear exit strategy.
The structure described is a 10-year Triple Net (NNN) Lease at $20/SF. The remarks also provide an estimated real estate value of approximately $500,000 in connection with the lease terms.
For buyers considering an NNN position, this package combines the business and real estate in a single acquisition aligned to the stated leaseback approach.
The structure described is a 10-year Triple Net (NNN) Lease at $20/SF. The remarks also provide an estimated real estate value of approximately $500,000 in connection with the lease terms.
For buyers considering an NNN position, this package combines the business and real estate in a single acquisition aligned to the stated leaseback approach.
Key Highlights
- 2,256 SF Mediquick business and real estate at 109 Redmond Road in Rome, GA
- Year built: 1945
- Offered with a clear sale‑leaseback exit strategy
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.7k | $21.60 |
| − Vacancy | −$5.1k | −$2.27 |
| EGI | $43.6k | $19.33 |
| − OpEx | −$17.4k | −$7.73 |
| NOI | $26.2k | $11.60 |
2,256 SF · lease $21.60/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$373.8K
$327.1K – $436.1K
NOI $26,168 @ 7.0% cap · market cap 7.81%
Second Best
Office B
$264.7K
$231.6K – $308.8K
NOI $18,529 @ 7.0% cap · market cap 5.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mediquick
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Northwest Georgia Veterinary Emergency Center — 111 John Maddox Dr, Rome, GA 30165
- Animal Medical Center of Rome — 13 John Maddox Dr, Rome, GA 30165
FAQs
What type of property is this?
Medical Office Space - 2,256 SF Mediquick business and real estate offered with a 10-year NNN lease structure.
Where is this medical office space located?
The property is located at 109 Redmond Road Rome, GA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 2,256 SF Mediquick business and real estate at 109 Redmond Road in Rome, GA; Year built: 1945; Offered with a clear sale‑leaseback exit strategy
