100% Occupied Medical Office Building Portfolio | 8% Cap Rate

1388 Wellbrook Cir NE, Conyers, GA 30012

  • For Sale $4,280,000
  • Property Type Office - Medical Office
  • Property Size 16,280 SF
  • Lot Size 0.9 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1994
  • Date Updated Aug 14, 2024
Conyers & Covington, GABull Realty is pleased to offer to qualified investors the opportunity to acquire a pair of medical office buildings occupied by Alliance Spine and Pain Centers located in Conyers and Covington, GA. Both properties are 100% occupied. The tenant runs a very busy pain management clinic which includes surgery suites for interventional procedures. The Covington property has one additional tenant, Athens Orthopedic Clinic, who occupies 19% of the MOB. Both properties are strategically located adjacent to Piedmont Rockdale and Piedmont Newton campuses. If you would like to pursue this opportunity, please return the Confidentiality Agreement on the last page of this Offering Memorandum. Once received, we will forward you the rent roll, income & expenses, and any other reasonably requested items. The Seller will consider offers when presented.

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Attachments

Highlights

  • Both properties have executed 10-year lease renewals commencing on November 1, 2024, except for a small ±3,110 SF space occupied by Athens Orthopedics which has 2.5 years remaining
  • ±9,789 SF and ±6,500 SF Medical Office Buildings adjacent to Piedmont Hospital Campuses
  • Rapidly growing tenant with 21+ Metro Atlanta locations

Contacts

broker

Paul Zeman

Bull Realty

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent

  • Bike Score ®

    17/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Conyers, GA
  • Zip Code 30012
  • Market Atlanta

Points of Interest

  • Chevron

    0.85 miles

  • RaceTrac

    1.05 miles

  • Shell

    1.08 miles

  • Texaco

    1.13 miles

  • QuikTrip

    1.36 miles

  • Exxon

    1.96 miles

  • ChargePoint

    8.66 miles

  • I-20E & WEST AVENUE Park & Ride

    1.94 miles

  • East Conyers Park & Ride

    2.77 miles

  • West Conyers Park & Ride

    3.23 miles

  • Sigman Road Park & Ride

    3.28 miles

  • Mountain bike area parking

    3.43 miles

  • Green Parking

    3.93 miles

  • Orange Parking

    4.09 miles

  • Red Parking

    4.24 miles

  • Purple Parking

    4.33 miles

  • Country Inn & Suites

    1.55 miles

  • La Quinta Inn

    1.58 miles

  • Courtyard Atlanta Conyers

    1.60 miles

  • Conyers Inn

    1.64 miles

  • Quality Inn

    1.64 miles

  • SpringHill Suites

    1.64 miles

  • Jameson Inn Conyers

    1.64 miles

  • Hampton Inn Conyers

    1.77 miles

  • Horizon Extended Stay Conyers

    1.79 miles

  • Econo Lodge

    1.80 miles

  • Papa John's

    0.36 miles

  • Church's Chicken

    0.37 miles

  • Subway

    0.37 miles

  • Wendy's

    0.40 miles

  • Burger King

    0.41 miles

  • Taco Bell

    0.45 miles

  • Waffle House

    0.46 miles

  • Zaxby's

    0.50 miles

  • Beaslys Drug co

    1.18 miles

  • Las Flores

    1.20 miles

  • Conyers Middle School

    0.41 miles

  • Rockdale Magnet School

    0.74 miles

  • C.J. Hicks Elementary School

    0.87 miles

  • Rockdale County High School

    0.89 miles

  • Pine Street Elementary School

    1.04 miles

  • Conyers Apostolic Christian Academy

    1.55 miles

  • J P Carr School

    1.62 miles

  • Georgia Perimeter College- Rockdale Campus

    1.74 miles

  • Rockdale Career Academy

    2.39 miles

  • Hightower Trail Elementary School

    2.53 miles

Frequently Asked Questions

How much does 100% Occupied Medical Office Building Portfolio | 8% Cap Rate cost?

The space currently listed for sale at 100% Occupied Medical Office Building Portfolio | 8% Cap Rate asks for $4,280,000.

What is the total square footage of 100% Occupied Medical Office Building Portfolio | 8% Cap Rate?

100% Occupied Medical Office Building Portfolio | 8% Cap Rate totals 16,280 square feet.

When was this property built?

100% Occupied Medical Office Building Portfolio | 8% Cap Rate was built in 1994.

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Contact Listing Broker

broker

Paul Zeman

Bull Realty