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    OFF-MARKET
    Medical Office Space

    1078 Plz Ave, Eastman, GA 31023-6798

    6,942 SF 0.76 ac lot Built 2001
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US22-3012311
    Property summary
    AI-generated overview

    This fee-simple retail property at 1078 Plaza Ave, Eastman, GA 31023, offers a compelling investment opportunity. The 7,122 square foot building, constructed in 2001 and situated on a 0.76-acre lot, is currently leased to Fresenius Medical Care under a Net Net (NN) lease with 7.5 years remaining. The lease includes two 5-year options, providing long-term income security. Fresenius Medical Care has been a tenant for over two decades, demonstrating a strong commitment to the location. The property boasts a 6.45% cap rate and a Net Operating Income (NOI) of $88,746.08, representing a significant return on the $1,375,000 asking price. Its prime location on the Dodge County Hospital campus ensures high visibility and accessibility, attracting a steady stream of potential customers. The well-maintained building is ideally suited to its current medical tenant and the overall investment offers a blend of stability and future potential. This is a rare opportunity to acquire a high-performing retail property in a desirable location with a strong, long-term tenant.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2001
    Total area 6,942 SF
    Lot 0.76 ac (33,106 SF)
    APN 048 002J
    UPID US22-3012311
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Walker Dialysis Building LLC · 16 yrs held
    Walker Dialysis Building LLC
    since 2010
    1 recorded transaction
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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