1022 Maple St Carrollton, GA 30117
- Turn key restaurants
- 7,653 SF
- 0.29 lot acres
Current Use by Public Records
- Parachute - Plasma Donation Center / Blood Donation Center
Property Details for 1022 Maple St
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 0.29 lot acres
- Property size
- 7,653 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- C07-016-0018
- APU
- C070160018
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,810,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,325,000
- 6.5%
- $1,455,000
- 7%
- $1,295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,330,000
- Geo Method
- $1,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,285,000
- Retail
- $1,420,000
- Mixed-Use
- $1,370,000
- Hospitality
- $1,515,000
- Educational
- $1,215,000
- Residential Income
- $1,365,000
- Energy
- $1,305,000
- Income-Based Land
- $1,100,000
- Food Service
- $1,505,000
Location Insight
- Map
- Local Demand
- City
- Carrollton
- County
- Carroll
- State
- Georgia
- Longitude
- -85.0885
- Latitude
- 33.5724
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
