1565 Highway 34 East, Newnan, Georgia 30265

Sale Information

Asking Price: $1,200,000

Building Size: 9,049 SQ FT

Cost per Square Foot: $132.61

Property Overview

Opportunity to acquire a 9,049 SF, two-tenant, medical office opportunity in Newnan on Highway 34 with huge upside potential.

Built: 2000

Property Details

Key Points: 9,049 SF freestanding, two-tenant medical office building 5,784 SF former dialysis space available for occupancy (can be subdivided as small as 2,000 SF) 4-sided brick construction Excellent street exposure on Highway 34 with strong traffic counts Approximately 1 mile from I-85 on main thoroughfare between Newnan, Peachtree City, Fayetteville and Jonesboro Strong demographics - 3-mile radius Average HH Income of $82,411 Tenant is American Health Imaging (32 locations in 4 states) - Tenant been in place since 2001 with current lease expiring June 2021. Has two 5-year options to renew with escalations. Huge upside in leasing vacant space (proforma 13% cap rate)

Broker Information

Bull Realty
Michael Wess, CCIM



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