Net-Leased Dental Medical
For Sale
Contact for pricing
3364 Hamilton Mill Road, Buford, GA 30519
Purpose-built dental facility is corporate-guaranteed NN leased, with 10% increases every five years and renewals through 2051.
Property Size4,174 SF
Price / SF$487.54
Days on Market56
Property Features for 3364 Hamilton Mill Road
General Information
Standard status
Active
Size
4,174 SF
Property subtype
Office
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$132,256
Additional Details
Office Units
1
Building Details
Year Built
2004
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Atlantic Capital Partners
Listed By:
David Hoppe · License #NC 288268
(704) 375-7771
Source:
Crexi
Added: Jul 22
Changed: Sep 9
Last Checked: Sep 14 at 6:34AM
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
Heartland Dental is a 4,174-square-foot net leased medical facility constructed in 2004 and leased to Heartland Dental, LLC. The property is covered by a corporate-guaranteed NN lease with approximately 4.8 years of remaining primary term. Lease terms include 10% rental increases every five years throughout the primary term, with renewal options extending through 2051.
The building is positioned at a highly visible signalized corner at the intersection of Hamilton Mill Road and Ridge Road. The corridor is supported by nearby retail and service anchors, including Kroger, Walmart Supercenter, Pet Supplies Plus, Jersey Mike’s, and Regions Bank, along with numerous national retailers.
Located approximately 40 miles northeast of Downtown Atlanta, Buford serves as a retail and service hub for Northeast Atlanta’s suburban population, with continued growth in the Atlanta MSA and proximity to the Mall of Georgia.
The building is positioned at a highly visible signalized corner at the intersection of Hamilton Mill Road and Ridge Road. The corridor is supported by nearby retail and service anchors, including Kroger, Walmart Supercenter, Pet Supplies Plus, Jersey Mike’s, and Regions Bank, along with numerous national retailers.
Located approximately 40 miles northeast of Downtown Atlanta, Buford serves as a retail and service hub for Northeast Atlanta’s suburban population, with continued growth in the Atlanta MSA and proximity to the Mall of Georgia.
Key Highlights
- 4,174‑square‑foot purpose‑built dental facility constructed in 2004
- Corporate‑guaranteed NN lease with approximately 4.8 years remaining primary term
- 10% rental increases every five years throughout the primary term
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,519
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,210,380
$1.2M
Cap Rate 7%
$864,557
$864.6K
Cap Rate 9%
$672,433
$672.4K
Market Conditions
NOI Build-Up for 4,174 SF
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.
Gross rent
$112.7K $27.00/SF
− Vacancy
−$11.8K −$2.84/SF
EGI
$100.9K $24.17/SF
− OpEx
−$40.3K −$9.67/SF
NOI
$60.5K $14.50/SF
Area
Gwinnett County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,210,380
Cap Rate 7%
$864,557
Cap Rate 9%
$672,433
Alternative Uses
Best Use
Healthcare Medical
$864.6K
$756.5K – $1.01M
NOI $60,519 @ 7.0% cap · market cap 2.97%
Second Best
Office B
$798.5K
$698.7K – $931.6K
NOI $55,894 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,675 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
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Business Placement
Demographics for 30519, GA
54,608
Population
18,734
Households
2.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
33.8 sq mi
ZIP Area
1,616
Density / Sq Mi
$98,846
Median Household Income
$50,265
Median Earnings
$1,816
Median Rent
$377,900
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 center - Purpose-built dental facility is corporate-guaranteed NN leased, with 10% increases every five years and renewals through 2051.
Where is this medical center located?
The property is located at 3364 Hamilton Mill Road Buford, GA.
What is the asking price?
The asking price for this property is $2,035,000.
What are key features of this property?
This property features: 4,174‑square‑foot purpose‑built dental facility constructed in 2004; Corporate‑guaranteed NN lease with approximately 4.8 years remaining primary term; 10% rental increases every five years throughout the primary term
