2356 Lenora Church Rd Snellville, GA 30078-3233
This 6,740 square foot Class C medical office building in Snellville, Georgia, is available for sale at $1,720,000. Located at 2356 Lenora Church Rd, 30078, this property boasts a strong tenant, Emory Specialty Associates, a wholly-owned subsidiary of Emory Healthcare Inc., under a Net-Net lease. The current lease, with an initial term of 10 years expiring March 31, 2027, includes two five-year renewal options. The annual rent, commencing April 1, 2024, is $113,839, with a 3% annual increase throughout the remaining initial term and option periods. Landlord responsibilities include roof, structure, and property insurance. Built in 1987 and renovated in 2017 (including a new roof), the building offers a competitive rental rate of $16.40 per square foot. This primary care facility serves the Snellville community, a thriving suburb of Atlanta. The property presents a compelling investment opportunity in a desirable location with a stable, high-quality tenant.
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
BG-GENERAL BUSINESS · Snellville, GASnellville. 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.