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1610 E, West Point, GA & 303 & 304 Smith St, LaGrange, GA, 30240

Emory Healthcare
$10,853,000

Key Information

Cap Rate
9.5%
$ per SF
$178
Tot. SF
62,475
Year Built
1973
Type
Healthcare
NOI
$1,031,048

Highlights

  • Sought After Asset Class – Healthcare Real Estate has a history of being a favored asset class due to the tenants providing optimal lease terms and long-term tenancy. The essential nature of medical clinics creates a sticky tenant type with a low likelihood of relocating.

  • Landlord-Friendly Lease – The tenant of the master lease included with this portfolio covers taxes, insurance, and maintenance costs, leaving the landlord with a hands-off investment ideal for passive and predictable income.

  • Growing Rent – Investors may realize consistent growth of their investment dollars by the 2% annual increases included with this asset. Rental escalators hedge against inflation and ensure rents stay in line with the upward trend of rental rates in LaGrange.

  • Metro Mid Point – LaGrange is the midpoint between two of Georgia’s largest cities, Columbus and Atlanta. Seated at the western border of Georgia, it also pulls patients from Alabama, creating a regional hub for business and healthcare.

  • Growing Market – LaGrange boasts various HQ’s and manufacturing facilities for companies such as Kia, Kimberly Clark, and, as of 2024, Remington Arms. LaGrange was also recently selected as an inland port with the expected capacity to process 120,000 containers annually from the Port of Savannah.

Photos

Location

Agents

Financing Agents

Broker of Record

Bill Pedersen

License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203