Single-Tenant Medical Office
6612 Exchange Place Morrow, GA 30260
For Sale
Contact for pricing
Medical office building leased to Southern Smiles Dental Associates with close access to I-75 via Exit 233.
Property Size6,557 SF
Lot Size1.08 Acres
Price / SF$150.22
Days on Market17
Property Features for 6612 Exchange Place
General Information
- Standard status
- Active
- Size
- 6,557 SF
- Lot size
- 1.08 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing Agency:
Hailey Realty Company
(678) 904-6803
Listed By:
Tommy Watkins · License #GA 346016
Source:
Crexi
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 11:07AM
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 Hailey Realty Company
Investment Insights
Based on property information with market context.
This single-tenant medical office building is leased to Southern Smiles Dental Associates, LLC, which has operated at the property for over 30 years. The property includes approximately 6,557 square feet on 1.08 acres and is configured as a dedicated medical office facility.
The building is located at 6612 Exchange Place in Morrow, Georgia, with very close access to I-75 at Exit 233 (Jonesboro Rd), supporting convenient regional connectivity.
It is being offered for sale as a leased medical office asset with long-term tenant continuity.
The building is located at 6612 Exchange Place in Morrow, Georgia, with very close access to I-75 at Exit 233 (Jonesboro Rd), supporting convenient regional connectivity.
It is being offered for sale as a leased medical office asset with long-term tenant continuity.
Key Highlights
- Single‑tenant medical office building leased to Southern Smiles Dental Associates, LLC
- ±6,557 SF medical office on 1.08 acres
- Built in 1980
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 | $156.5k | $23.87 |
| − Vacancy | −$39.4k | −$6.02 |
| EGI | $117.1k | $17.85 |
| − OpEx | −$29.3k | −$4.46 |
| NOI | $87.8k | $13.39 |
6,557 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.36M
$1.19M – $1.58M
NOI $95,070 @ 7.0% cap · market cap 9.65%
Second Best
Office B
$1.25M
$1.10M – $1.46M
NOI $87,805 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,305 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Southern Smiles Dental ...
Dental Office
Dr. Joseph V. ...
Dental Office
First Impressions Dental ...
Dental Office
Similar Off Market Nearby
- Morrow Animal Hospital — 6326 S Lee St, Morrow, GA 30260
FAQs
What type of property is this?
Medical Office Space - Medical office building leased to Southern Smiles Dental Associates with close access to I-75 via Exit 233.
Where is this medical office space located?
The property is located at 6612 Exchange Place Morrow, GA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Single‑tenant medical office building leased to Southern Smiles Dental Associates, LLC; ±6,557 SF medical office on 1.08 acres; Built in 1980
