10540 Medlock Brg Rd Johns Creek, GA 30097

This exceptional investment opportunity presents a fee-simple interest in a 1,907 square foot, NNN-leased veterinary clinic in Johns Creek, Georgia. The property, built in 1978 and situated on a 1.48-acre lot, boasts a strong 8.75% cap rate and a Net Operating Income (NOI) of $149,686. The current tenant, PetVet Care Centers, a national network of veterinary hospitals, has a lease with one year remaining on the initial 10-year term, followed by two three-year renewal options. The lease includes annual rent bumps of 3%, ensuring consistent income growth. The property features 15 parking spaces and benefits from high visibility on Medlock Bridge Road, a busy thoroughfare with over 40,148 vehicles daily. The location is surrounded by major retailers like Target, Publix, Home Depot, and Whole Foods, serving a dense population with a high average household income of $191,237 within a 5-mile radius. The NNN lease structure minimizes landlord responsibilities, making this an ideal low-management investment. The asking price is $1,710,703, translating to $897.07 per square foot. The property consists of a two-story building with a strong tenant and a favorable lease structure, making it an attractive addition to any investment portfolio. The property's APN is 11 091003240302.