Entity Owned Property summary
This exceptional investment opportunity presents a 2,800 square foot medical office building in Alpharetta, Georgia, boasting a fee-simple ownership structure. The property, built in 1997 and renovated in 2022, sits on a 0.96-acre pie-shaped lot at a signalized intersection of Highway 9 and Grassland Parkway, offering excellent visibility. Currently 100% occupied by WellStar Primary Care under a corporate-guaranteed, Net Lease agreement, the property features a 7-year remaining lease term… (commencing May 22, 2022, and expiring May 31, 2032), with two 5-year options. The lease includes annual rent bumps of 2% throughout the base term and option periods, generating a substantial net operating income (NOI) of $108,824. The property benefits from a strong location within the affluent Alpharetta MSA, minutes from Halcyon, a major mixed-use development, and near significant roadways with high daily traffic volume. The surrounding area boasts a robust daytime population and a high concentration of businesses, creating a desirable market for healthcare services. This investment offers a compelling 5.00% cap rate and a price per square foot of $792.87, representing a strong return on investment. The property's strategic location, strong tenant, and favorable lease terms make it an attractive addition to any portfolio. The building is a single-story structure with a highly visible location, providing excellent access and ample parking. The tenant, WellStar Health System, Inc., is the largest and most integrated healthcare system in Georgia, ensuring financial stability and long-term lease security.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,610 SF
- Lot area
- 0.82 ac
- Year built
- 1997
- Stories
- 1
- APN
- 018 099
- Zoning
- CBD
- Assessed value · 2024
- $292,504
- Annual tax · 2024
- $7,173
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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