Medical Office Lease
For Sale
Contact for pricing
1686 Prince Ave, Athens, GA 30606
Medical office property leased under a ten-year term with six years remaining and renewal options.
Property SizeContact for details
Days on Market125
Property Features for 1686 Prince Ave
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Marcus & Millichap - Orlando
(407) 557-3824
Listed By:
Scott Gould · License #FL SL3288412
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:00AM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
This medical office lease asset is structured as a ten-year term with six years remaining. The lease includes three successive five-year renewal options, with rental increases of 10% during each option period.
The property is a high-volume dialysis clinic facility acquired in 2018 and is operated as part of a medical corridor. It includes 20 dialysis stations and supports a home dialysis program. The location is approximately 1,600 feet from UGA Health Sciences Campus and is on a primary Athens urban thoroughfare with proximity to multiple regional hospitals.
For buyers evaluating cash-flowing medical real estate, the existing long-term lease and dialysis-focused buildout provide a clearly defined operating use.
The property is a high-volume dialysis clinic facility acquired in 2018 and is operated as part of a medical corridor. It includes 20 dialysis stations and supports a home dialysis program. The location is approximately 1,600 feet from UGA Health Sciences Campus and is on a primary Athens urban thoroughfare with proximity to multiple regional hospitals.
For buyers evaluating cash-flowing medical real estate, the existing long-term lease and dialysis-focused buildout provide a clearly defined operating use.
Key Highlights
- Medical office property with a 10‑year lease; 6 years remaining
- Lease includes three 5‑year renewal options
- Rental increases of 10% during each option period
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,608
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30606, GA
46,798
Population
22,603
Households
2.1
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
30.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$61,397
Median Household Income
$35,854
Median Earnings
$1,222
Median Rent
$332,600
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office property leased under a ten-year term with six years remaining and renewal options.
Where is this medical office space located?
The property is located at 1686 Prince Ave Athens, GA.
What are key features of this property?
This property features: Medical office property with a 10‑year lease; 6 years remaining; Lease includes three 5‑year renewal options; Rental increases of 10% during each option period
