Medical Office with Treatment
2200 Fountain Drive, Snellville, GA 30078
For Sale
$1,200,000
The layout includes dedicated clinical rooms, physician offices, a nurse’s station, and a private manager’s office.
Property Size4,099 SF
Lot Size1.10 Acres
Price / SF$292.75
Days on Market20
Property Features for 2200 Fountain Drive
General Information
Standard status
Size
Total Parking Spaces
Lot size
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
true
Public Records
Square Feet
Business Park,Level
Public
1.12
Parking Lot
4099
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Clower Realty LLC
Listed By:
Toney Clower
Source:
Heymannwilliams
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 12:16PM
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 Clower Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1979, this medical office is arranged with 8 treatment rooms and 3 physician offices. The interior also includes a reception area, front office with a private manager’s office, nurse’s station, and a large breakroom. Four bathrooms serve the space, including one with a shower. A 400-square-foot storage room has a washer and dryer.
The property sits on a level lot with a parking area providing 31 spaces. It is located between Kaiser Permanente and Piedmont Extension Hospital Trauma Center.
The property sits on a level lot with a parking area providing 31 spaces. It is located between Kaiser Permanente and Piedmont Extension Hospital Trauma Center.
Key Highlights
- 8 treatment rooms and 3 physician offices
- Four bathrooms, including one with a shower
- 400‑square‑foot storage room with washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,378
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,560
$1.4M
Cap Rate 7%
$1,019,686
$1.0M
Cap Rate 9%
$793,089
$793.1K
Market Conditions
NOI Build-Up for 4,099 SF
Gross rent
$127.2K $31.04/SF
− Vacancy
−$32.1K −$7.82/SF
EGI
$95.2K $23.22/SF
− OpEx
−$23.8K −$5.80/SF
NOI
$71.4K $17.41/SF
Area
Gwinnett County, GA
Vacancy
25.20%
Lease Rate
$31.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,427,560
Cap Rate 7%
$1,019,686
Cap Rate 9%
$793,089
Alternative Uses
Best Use
Office B
$1.02M
$892.2K – $1.19M
NOI $71,378 @ 7.0% cap · market cap 5.95%
Second Best
Healthcare Medical
$792.4K
$693.4K – $924.5K
NOI $55,469 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,208 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,533
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 30078, GA
38,350
Population
13,784
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
91%
High-School Grad
17.3 sq mi
ZIP Area
2,217
Density / Sq Mi
$90,054
Median Household Income
$44,657
Median Earnings
$1,641
Median Rent
$316,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The layout includes dedicated clinical rooms, physician offices, a nurse’s station, and a private manager’s office.
Where is this medical office space located?
The property is located at 2200 Fountain Drive Snellville, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8 treatment rooms and 3 physician offices; Four bathrooms, including one with a shower; 400‑square‑foot storage room with washer and dryer
