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808 Commerce Blvd Riverdale, GA 30296

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Turnkey medical office, high rental potential.

Property Features for 808 Commerce Blvd

General Information

Property type
Medical Office Space

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Listing Contact
Michael Bailey
Michael Bailey

Listing Agency: Michael Bailey Commercial Realty Listing Agent: Michael Bailey

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 4,300 square foot medical office condo, located at 808 Commerce Blvd in Riverdale, Georgia 30296, presents a lucrative investment opportunity. The property is situated in Clayton County and offers a highly desirable turnkey setup. The lower level comprises a fully equipped 2,200 square foot doctor's office, ready for immediate occupancy. The upper level is thoughtfully divided into three or four smaller, individual offices, providing flexibility for various medical practices or support staff. This versatile layout allows for diverse income streams and potential for expansion. The asking price is $325,000. Based on a potential rental income of $15 per square foot plus $3 per square foot in NNN expenses, the property projects a monthly income of $6,450 at 100% occupancy. This translates to a potential capitalization rate of 19.8% at full occupancy, making it an attractive proposition for investors seeking strong returns. The property's prime location in Riverdale, Georgia ensures convenient access for patients and staff. This is a rare opportunity to acquire a well-established and income-generating medical office condo in a thriving market. Don't miss out on this exceptional investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Tri-County Pediatrics Hospital Optima Physical Therapy ... Physician Ganiyu A. Bello, PT Physician Dr. Angela P. ... Pediatrician Dr. Purna Chadalawada ... Pediatrician

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Riverdale
County
Clayton
State
Georgia
Longitude
-84.4179641
Latitude
33.5476573

FAQs

What type of property is this?
Medical Office Space - Turnkey medical office, high rental potential.
Where is this medical office space located?
The property is located at 808 Commerce Blvd Riverdale, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: $325,000 asking price for a 4,300 square foot medical office condo.; Located at 808 Commerce Blvd, Riverdale, GA 30296.; Potential gross monthly income of $6,450 based on $15/SF + $3 NNN, representing a 19.8% cap rate at 100% occupancy.
(478) 262-5859 Call to check price and availability
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