Property profile

10 Main St Market Pl Cartersville, GA 30121

OFF-MARKET
Office Spaces
5,000 SF 1 ac lot Built 2018
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 5,000-square-foot Class A medical office building in Cartersville, Georgia, currently leased to Piedmont Healthcare under a Net Lease (NN+) agreement. Built in 2018, the single-story building boasts a state-of-the-art design and is situated on a one-acre lot at a signalized intersection on E. Main Street, a major commercial thoroughfare with 21,910 vehicles per day. The property includes 20 parking spaces and benefits from a 10-year lease (commencing February 1, 2019, and expiring January 31, 2029), with 2% annual rent increases. The lease features two five-year renewal options, providing long-term stability and a strong hedge against inflation. The current Net Operating Income (NOI) is $171,022, resulting in a 4.89% capitalization rate. The asking price is $3,500,000, translating to $700 per square foot. Piedmont Healthcare, a highly credit-rated tenant with a substantial portfolio, provides a corporate guarantee, minimizing risk. This property offers a compelling combination of strong tenant occupancy (100%), a desirable location, and significant long-term growth potential. The building is the first urgent care facility in Northwest Georgia with full accreditation by the Urgent Care Association of America. This is a rare opportunity to acquire a high-quality, income-producing asset with a proven track record.

Property profile

Verified
Property type Office Spaces
Year built 2018
Total area 5,000 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

10 Main St Market Pl Cartersville, GA 30121
Cartersville metro
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Value estimations

Realmo proprietary · 4 methods
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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
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