For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

1022 Maple St Carrollton, GA 30117

Sponsored
For Sale
$5,708,747

High-yield NNN medical office, strong tenant.

Property size:
7,613 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a fee-simple, 7,613 square foot medical office building located at 1022 and 1024 Maple St, Carrollton, GA 30117. The property sits on a 1.04-acre lot and is currently occupied by Parachute Plasma under a 20-year triple-net (NNN) lease, providing significant long-term stability and passive income. The lease commenced upon closing and features a strong corporate guarantee, eliminating landlord responsibilities. The annual net operating income (NOI) is $428,156, resulting in a compelling 7.50% cap rate. The asking price is $5,708,747, translating to a price per square foot of $749.87. Built in 2024, this modern facility benefits from built-in rental increases of 2.00% annually, starting in year six, and includes four and five-year renewal options. The property's strategic location, less than a mile from Tanner Medical Center Carrollton (a large medical facility with over 201 beds and over 3,000 employees), further enhances its value and long-term prospects. This is a rare opportunity to acquire a high-quality, net-leased medical office building with exceptional financial performance and significant upside potential.

Property Features for 1022 Maple St

General Information

Property type
Medical offices
Square Feet
7,613 SF
Lot Size
45,302 SF

Building Details

Year Built
2024

HighLights

  • 7,613 SF medical office building on a 1.04‑acre lot in Carrollton, GA.
  • 20‑year triple‑net (NNN) lease with Parachute Plasma, commencing at closing, with no landlord responsibilities and a corporate guarantee.
  • $428,156 annual NOI, 7.50% cap rate, $5,708,747 asking price ($749.87/SF).
  • 2% annual rent increases starting year six, with four and five‑year renewal options.
  • Excellent location less than one mile from Tanner Medical Center Carrollton (201+ beds, 3,000+ employees).
Property Profile Location Intelligence

Current Use by Public Records

Parachute - Plasma Donation ... Blood Donation Center

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Carrollton
County
Carroll
State
Georgia
Longitude
-85.0887658
Latitude
33.572484

FAQs

What type of property is this?
Medical office - High-yield NNN medical office, strong tenant.
Where is this medical office located?
The property is located at 1022 Maple St Carrollton, GA.
What is the asking price?
The asking price for this property is $5,708,747.
What are key features of this property?
This property features: 7,613 SF medical office building on a 1.04-acre lot in Carrollton, GA.; 20-year triple-net (NNN) lease with Parachute Plasma, commencing at closing, with no landlord responsibilities and a corporate guarantee.; $428,156 annual NOI, 7.50% cap rate, $5,708,747 asking price ($749.87/SF).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message