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11660 Alpharetta Hwy Bldg 600, Roswell, GA, 30076

Offering Memorandum

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Roswell Medical Center
$3,315,000

Key Information

Cap Rate
7%
$ per SF
$205
Tot. SF
16,103
Year Built
1997
Type
Healthcare
Occupancy
100%
NOI
$232,027

Highlights

  • Desirable Asset Class: Healthcare real estate provides investors with favorable tenants and lease terms while being insulated from economic headwinds and consumer changes.
  • Substantially Passive: A majority of expenses are reimbursed by each tenant, including management fees, making the net income more predictable than other assets with modified gross lease structures.
  • National Anchor Tenant: US Renal Care occupies 39% of this asset, giving a strong anchor by a national operator with over 500 locations.
  • Rental Increases: All five leases include rental escalators of 2%, 3%, and even 4% annually.
  • Numerous Guarantees: Four of the five tenants at this asset provide personal and corporate guarantees showing a strong commitment and confidence in the location.
  • Hospital Adjacent: The Roswell Medical Center is strategically located just a few hundred feet from the 218-bed WellStar North Fulton Medical Center.
  • Affluent Area: The average household income within a 5-mile radius of the property is over $149,000, making Roswell one of the wealthier places in Georgia.
  • Major Metro: Roswell is part of the Atlanta MSA, which is not only the largest city in the state but a substantial business, travel, and medical hub for the southeast.
  • Substantial Infrastructure Upgrades: The city of Roswell has a 2026 budget of $230 million for infrastructure as part of the numerous renovations, redevelopments, and expansion projects to help accommodate the increased population density.
  • Easy Accessibility: This medical center is located on Alpharetta Highway which sees 32,000 daily vehicles. The ground floor access and pull-up-parking make this an ideal convenience to meet patient demands.
  • Value-Add Potential: The rent roll shows rental rates that are well below market averages, creating a value-add opportunity as leases renew.
  • Substantial Infrastructure Upgrades: The city of Roswell has a 2026 budget of $230 million for infrastructure as part of the numerous renovations, redevelopments, and expansion projects to help accommodate the increased population density.
  • Favorable Tenant Mix: The Roswell Medical Center has a favorable blend of healthcare providers including dialysis, physical therapy, gastroenterology, allergy and asthma, and endocrinology.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 80041, 451849 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305