Freestanding Medical Office
1818 Warm Springs Road Columbus, GA 31904
1818 Warm Springs Road, Columbus, GA, 31904
Contact for pricing
For Sale
Contact for pricing
Leased medical office building with long-term tenant.
Property Size2,914 SF
Price / SF$197.32
Days on Market57
Property Features for 1818 Warm Springs Road
General Information
- Standard status
- Active
- Size
- 2,914 SF
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing Agency
G2 Commercial Real Estate Services
(706) 580-0614
Listed by
Amy Gill · License #381793
Source
Crexi
Added: May 22 Checked: Jul 15 at 10:09 pm
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 G2 Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This freestanding medical office building offers a stabilized investment opportunity with an established medical tenant in place through December 2030. The property, with a size of approximately 2,914 square feet, generates $54,000 annually in rental income, with scheduled rent escalations. The lease is structured as modified gross, including expense pass-through protections that require the tenant to reimburse increases in taxes, insurance, and operating expenses above the Base Year. Utilities are separately metered for electricity, gas, telephone, and data services. Landlord responsibilities are limited to the roof, structure, exterior walls, and capped HVAC repairs, while the tenant is responsible for routine HVAC maintenance and replacement. Formerly an oral surgery and dental implant center, the property is fully built out for medical use. The layout includes a reception and waiting area, x-ray and lab space, private offices, 5 exam rooms, a breakroom, and patient and staff restrooms. The finished upstairs attic space includes a kitchenette and washer/dryer hookups. Ample on-site parking and signage further support the property's long-term medical tenancy and investment appeal.
Key Highlights
- Stabilized investment with established medical tenant in place through December 2030.
- $54,000 annual rental income with scheduled rent escalations.
- Modified gross lease with expense pass‑through protections for taxes, insurance, and operating expenses.
Local Financial Insights For Office B
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 | $49.3k | $16.92 |
| − Vacancy | −$3.6k | −$1.24 |
| EGI | $45.7k | $15.68 |
| − OpEx | −$11.4k | −$3.92 |
| NOI | $34.3k | $11.76 |
2,914 SF · lease $16.92/SF/yr · vacancy 7.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$489.7K
$428.5K – $571.3K
NOI $34,279 @ 7.0% cap · market cap 5.96%
Second Best
Healthcare Medical
$489.0K
$427.9K – $570.5K
NOI $34,231 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$652.0K
$570.5K – $760.7K
NOI $45,641 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Campbell Oral Surgery ...
Dental Office
Dr. William Campbell
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Midlan Animal Hospital — 1916 Manchester Expy, Columbus, GA 31904
FAQs
What type of property is this?
Medical Office Space - Leased medical office building with long-term tenant.
Where is this medical office space located?
The property is located at 1818 Warm Springs Road Columbus, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Stabilized investment with established medical tenant in place through December 2030.; $54,000 annual rental income with scheduled rent escalations.; Modified gross lease with expense pass‑through protections for taxes, insurance, and operating expenses.
