You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

341 Furniture Dr Cornelia, GA 30531

OFF-MARKET Office Spaces Google Maps
3,500 SF 0.85 ac lot Built 2023
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, Class A, 3,500 square foot medical office building in Cornelia, Georgia. Currently 100% occupied by Aspen Dental under a triple net (NN) lease with a corporate guarantee, this property boasts a 10-year lease commencing November 20, 2023, and expiring November 30, 2033, leaving over nine years remaining. The lease includes three 5-year renewal options with 10% rental increases every five years, ensuring consistent income growth. The property generates a strong NOI of $145,600, representing a 6.00% cap rate on the $2,427,000 asking price. Situated on a 0.85-acre lot with 30 parking spaces, the building benefits from excellent visibility along U.S. 441 (32,500 vehicles per day) and is located in a dense retail corridor next to a future Northeast Georgia hospital. The property is zoned for general commercial use and features a strong national tenant with a proven track record. This investment offers limited landlord responsibilities and significant upside potential due to the scheduled rent bumps and prime location within a growing market. The property's APN is 083 037. This is a rare opportunity to acquire a high-quality, stable investment with a strong tenant and long-term lease.

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 3,500 SF
Lot 0.85 ac (37,026 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 341 Furniture Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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