Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1390 Jonesboro Rd McDonough, GA 30253

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Medical outpatient opportunity in high-growth corridor near Piedmont Henry.

    Property Features for 1390 Jonesboro Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Frank Cannon
    Source: Crexi

    Listing Agency: Colliers - Atlanta, Georgia Listing Agent: Frank Cannon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Medical Office Space Available

    Creek’s Edge Medical Center, situated at the intersection of Jonesboro and N Bridges Roads, provides a 16,000 square foot medical outpatient opportunity. The property is located in a high-growth corridor and is just minutes from Piedmont Henry Hospital.
    Location Intelligence

    Current Use by Public Records

    Bojangles Restaurant

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.204881
    Latitude
    33.462813

    Nearby Similar for Lease

    • $3,400 /Mo
      8,160 SF

      Retail/Office Suites Near I-75

      Flexible suites for lease in McDonough, GA.
      191 Jonesboro Rd, McDonough, GA 30253
      View Details
    • $1,750 /Mo
      8,160 SF

      Retail/Office Suites For Lease

      Highly visible retail and office center in McDonough, GA.
      191 Jonesboro Rd, McDonough, GA 30253
      View Details
    • $2,100 /Mo
      1,242 SF

      Historic McDonough Square Commercial Space

      Prime 1,242 SF commercial space in historic McDonough Square.
      37 Keys Ferry St, McDonough, GA 30253
      View Details
    • $8,500 /Mo
      7,200 SF

      Mcdonough Commercial Space For Lease

      7200 SF commercial building on 2 acres for lease.
      1926 Highway 155 N, McDonough, GA 30252
      View Details
    • $1,173 /Mo
      782 SF

      Office Space Near Downtown McDonough

      782 SF office space for lease near downtown McDonough.
      2202 Commerce Pl, McDonough, GA 30253
      View Details
    • $2,875 /Mo
      2,760 SF

      Office Space in Mcdonough, GA

      Office space for rent in Mcdonough, Georgia.
      400 Highway 81 E, McDonough, GA 30252
      View Details
    • $900 /Mo
      16,553 SF

      Renovated Office Suites in McDonough

      Prime location office suites with utilities included in McDonough.
      20 Jonesboro St, McDonough, GA 30253
      View Details
    • $750 /Mo

      Upscale Office Space in McDonough

      Single office space with shared amenities in downtown McDonough.
      23 Hampton St, McDonough, GA 30253
      View Details
    • $650 /Mo
      2,743 SF

      Office Space Near McDonough Square

      Private office spaces available near McDonough Square and Courthouse.
      40 Jonesboro St, McDonough, GA 30253
      View Details
    • New
      $3,600 /Mo
      Pending

      Turnkey Salon Suites Investment

      Fully built-out salon suites for lease in McDonough, GA.
      2147 A & B, McDonough, GA 30252
      View Details
    • Contact for pricing

      Retail Strip Center in McDonough

      Neighborhood retail center with flexible spaces for lease.
      294-298 Racetrack Rd, McDonough, GA 30252
      View Details
    • $1,102 /Mo
      782 SF

      Office Space Near Downtown

      735 SF office space for lease near downtown McDonough.
      2204 Commerce Pl, McDonough, GA 30253
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical outpatient opportunity in high-growth corridor near Piedmont Henry.
    Where is this medical office space located?
    The property is located at 1390 Jonesboro Rd McDonough, GA.
    What are key features of this property?
    This property features: - Premier 16,000 SF medical outpatient space.; - Located in a high-growth corridor.; - Minutes from Piedmont Henry Hospital.
    Request Owner's contact information
    1390 Jonesboro Rd McDonough, GA 30253
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1390 Jonesboro Rd
    McDonough, GA 30253
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1390 Jonesboro Rd McDonough, GA 30253
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Frank Cannon
    Real Estate License ID: 364941
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!