For Sale
$3,300,000

3320 Old Jefferson RdAthens, GA 30607

Prime medical office, owner-user opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A medical office building, situated in Athens, Georgia's thriving Athens Medical Specialty Park, presents a unique owner-user opportunity. The 14,182 square foot building, constructed in 2009, features three suites totaling 14,182 net rentable square feet, currently housing three tenants. Suite A, boasting over 7,500 square feet of main-level clinical space, is available for lease or owner-occupancy. Suite B, approximately 2,185 square feet, is leased to a podiatry practice until 2026. Suite C, a 3,927 square foot second-floor space, is also available for lease and is currently limited to administrative or ancillary uses per condo covenants. The property includes 36 parking spaces and sits on a 10,000 square foot lot. The asking price is $3,300,000, representing a pro-forma cap rate of 7.24% and a pro-forma NOI of $239,000. The building's strategic location within the medical park offers easy access to major Athens area hospitals, including Piedmont Athens Regional Hospital, just 2.1 miles away, and is directly connected to the University Cancer and Blood Center's new Comprehensive Cancer Center. This presents an ideal opportunity for a practice seeking to establish or expand its presence in a high-demand medical market. An adjacent vacant lot with a 6,000 square foot building pad is also available for sale or build-to-suit. The property is fee simple ownership and the sale is by owner. Occupancy is slated for August 1, 2024.

Highlights

  • Established medical office park.
  • Excellent access to Athens-area hospitals.
  • Owner-user opportunity available.
  • Sale or lease options available.

Property Details for 3320 Old Jefferson Rd

Property type
Office properties, Medical offices
Square Feet
14,182 SF
Class
A
Year Built
2009
Buildings
1
Stories
2
Units
3

Location Insight

City
Athens
County
Clarke
State
Georgia
Latitude
33.984832015949
Longitude
-83.416147490115
3320 Old Jefferson Rd, Athens, Georgia

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3320 Old Jefferson Rd
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