195 Parkwood Cir Carrollton, GA 30117-8756
This exceptional investment opportunity presents a single-tenant, Class A medical office building totaling 8,219 square feet, situated on a 1.48-acre lot in Carrollton, Georgia. The property is 100% occupied by DaVita, a leading kidney care provider with a substantial national presence, under a Net Net (NN) lease structure. The current lease, with a corporate guarantee, commenced October 1, 2010, and has a remaining term of approximately 4.2 years, extending to January 14, 2029. DaVita recently exercised an early five-year renewal option, demonstrating strong tenant commitment. The lease includes three additional five-year renewal options with built-in rent escalations. The asking price is $1,725,900, representing a compelling cap rate of 7.00% and a price per square foot of $209.99. The property boasts a strong net operating income (NOI) of $120,819. Built in 1990, this single-story building features 12 dialysis stations and benefits from its location near Tanner Medical Center and Higgins General Hospital, ensuring high visibility and patient access. The property's strategic location also provides convenient access to numerous retail amenities, including Circle K, Shell, Subway, Jack's, McDonald's, and Dollar General. The land value alone is $245.16 per square foot. This presents a low-maintenance, high-return investment with a secure, long-term tenant.
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DaVita North Carrollton Dialysis Medical Clinic
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DaVita North Carrollton At Home Medical Clinic
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SouthEast Kidney Associates Medical Clinic
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Dr. Charles Hunter Physician
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Dr. Vishal Ratkalkar Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Carrollton, GACarrollton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.