Property summary
This exceptional investment opportunity presents a 3,708 square foot medical office building in Rockmart, Georgia, currently leased to Alliance Animal Health, a national veterinary consolidator with over 200 partner practices. The property boasts a strong 8.25% cap rate and a sub-$1 million asking price of $771,903, translating to $208 per square foot. Located at 748 Atlanta Hwy, Rockmart, GA 30153, this single-tenant, net-leased property offers a 10-year lease with 5.7 years remaining and two 5-year renewal options, each with a 1.5% annual rent increase. Built in 1985 and renovated in 2000, the property enjoys 100% occupancy and a substantial net operating income (NOI) of $63,682. Its prime location along State Highway 113 ensures excellent visibility and accessibility. The tenant's commitment to the location, coupled with the robust growth of the veterinary services market, makes this a recession-resistant investment with significant long-term potential. The property's proximity to Atlanta and Chattanooga provides access to major markets and transportation hubs. Alliance Animal Health's comprehensive veterinary services, including wellness, dental care, and boarding, contribute to the property's stable income stream. This is an ideal investment for those seeking a passive income stream with built-in inflation protection and potential for appreciation.
Property profile
VerifiedCap rate & NOI
Current use
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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