Freestanding Medical Office
For Sale
Contact for pricing
9560 Bells Ferry Road, Canton, GA 30114
Single-tenant facility with a lease extending through January 31, 2031.
Property Size9,654 SF
Lot Size1.30 Acres
Price / SF$269.32
Days on Market132
Property Features for 9560 Bells Ferry Road
General Information
Standard status
Active
Size
9,654 SF
Lot size
1.30 Acres
Property subtype
Special Purpose
Occupancy
100%
Lease Type
NNN
Net Operating Income
$142,800
Additional Details
Road Access
Yes
Building Details
Buildings
1
Stories
1
Tenancy
Single
Building Size
9,654 SF
Listing Agency:
McWhirter Realty Partners LLC
(678) 385-2718
Listed By:
Nelson Vinson · License #GA
Source:
Crexi
Added: Apr 22
Changed: Aug 29
Last Checked: Aug 29 at 8:07PM
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 McWhirter Realty Partners LLC
Investment Insights
Based on property information with market context.
This freestanding medical office property contains 9,654 square feet on approximately 1.3 acres and is fully leased to a single tenant. The building’s existing configuration supports veterinary or broader medical use, providing a specialized facility with practical long-term utility. The lease has a remaining term through January 31, 2031.
The property occupies 9560 Bells Ferry Road in Canton, Georgia, with convenient access and visibility along Bells Ferry Road. The arterial connects Canton with Woodstock and surrounding residential communities, placing the site within an established North Metro Atlanta submarket. The site and building combination offers a defined medical-use setting with an operating tenancy already in place.
The property occupies 9560 Bells Ferry Road in Canton, Georgia, with convenient access and visibility along Bells Ferry Road. The arterial connects Canton with Woodstock and surrounding residential communities, placing the site within an established North Metro Atlanta submarket. The site and building combination offers a defined medical-use setting with an operating tenancy already in place.
Key Highlights
- 9,654‑square‑foot freestanding medical building
- Approximately 1.3‑acre site
- Fully leased to a single tenant
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
$139,973
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
5.38%
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%
$2,799,460
$2.8M
Cap Rate 7%
$1,999,614
$2.0M
Cap Rate 9%
$1,555,256
$1.6M
Market Conditions
NOI Build-Up for 9,654 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
$260.7K $27.00/SF
− Vacancy
−$27.4K −$2.84/SF
EGI
$233.3K $24.17/SF
− OpEx
−$93.3K −$9.67/SF
NOI
$140.0K $14.50/SF
Area
Cherokee 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%
$2,799,460
Cap Rate 7%
$1,999,614
Cap Rate 9%
$1,555,256
Alternative Uses
Best Use
Healthcare Medical
$2.00M
$1.75M – $2.33M
NOI $139,973 @ 7.0% cap · market cap 5.38%
Second Best
Office B
$1.85M
$1.62M – $2.15M
NOI $129,277 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,759 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30114, GA
59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant facility with a lease extending through January 31, 2031.
Where is this medical office space located?
The property is located at 9560 Bells Ferry Road Canton, GA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 9,654‑square‑foot freestanding medical building; Approximately 1.3‑acre site; Fully leased to a single tenant
