Veterinary Hospital with Absolute NNN
For Sale
Contact for pricing
217 N McDonough St, Decatur, GA 30030
Veterinary emergency facility supported by a long-term absolute net lease and renewal-period rent escalations.
Property Size11,647 SF
Price / SF$582.98
Days on Market62
Property Features for 217 N McDonough St
General Information
Standard status
Active
Size
11,647 SF
Class
B
Property subtype
Office
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$441,632
Building Details
Year Built
2008
Year Renovated
2015
Buildings
1
Stories
2
Units
1
Tenancy
Single
Building Size
11,647 SF
Owner Occupied
No
Listing Agency:
Colliers - Atlanta, Georgia
Listed By:
Jordan Selbiger · License #GA 361786
Source:
Crexi
Added: Jul 1
Changed: Aug 30
Last Checked: Aug 30 at 12:55PM
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 Colliers - Atlanta, Georgia
Investment Insights
Based on property information with market context.
Built in 2008, this 11,647-square-foot veterinary emergency facility at 217 N McDonough St in Decatur, Georgia, is operated by 7 full-time veterinarians. The property is subject to a long-term absolute net lease with 10.2 years remaining, along with 2.0% annual rental escalations that continue through renewal option periods without a fair market value reset.
Lease provisions include financial reporting that provides direct visibility into unit-level profitability, plus personal guaranties from two high net worth physicians, with financials available. The property is identified as the only veterinary ER in Downtown Decatur and serves an area with a median household income of $142,656 within one mile. Decatur is described as a supply-constrained Metro Atlanta submarket with sub 5% vacancy.
Lease provisions include financial reporting that provides direct visibility into unit-level profitability, plus personal guaranties from two high net worth physicians, with financials available. The property is identified as the only veterinary ER in Downtown Decatur and serves an area with a median household income of $142,656 within one mile. Decatur is described as a supply-constrained Metro Atlanta submarket with sub 5% vacancy.
Key Highlights
- 11,647‑square‑foot veterinary emergency facility built in 2008
- Long‑term absolute net lease with 10.2 years of remaining term
- 2.0% annual rental escalations continue through renewal option periods without a fair market value reset
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,517
Businesses Nearby
Explore this area
Business Placement
Demographics for 30030, GA
32,364
Population
14,672
Households
2.2
Avg Household Size
39
Median Age
77%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
4,830
Density / Sq Mi
$127,318
Median Household Income
$81,712
Median Earnings
$1,683
Median Rent
$598,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hospital - Veterinary emergency facility supported by a long-term absolute net lease and renewal-period rent escalations.
Where is this hospital located?
The property is located at 217 N McDonough St Decatur, GA.
What is the asking price?
The asking price for this property is $6,790,000.
What are key features of this property?
This property features: 11,647‑square‑foot veterinary emergency facility built in 2008; Long‑term absolute net lease with 10.2 years of remaining term; 2.0% annual rental escalations continue through renewal option periods without a fair market value reset
