For Sale
$1,190,000

1401 Applewood Dr Dalton, GA 30720

Prime Medical Office, 7,200 SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 7,200 square foot medical office building, situated on a 0.6-acre lot in Dalton, Georgia's Hamilton Medical Campus, presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2022, this Class B property boasts six suites, currently 100% occupied by medical providers, offering a strong NOI of $91,724 and a 7.71% cap rate. The asking price is $1,190,000 ($162.30/sq ft). The building features a newly painted exterior, updated suites, ample parking (30 spaces), and convenient access to Hamilton Medical Center, Peeples Cancer Center, and Anna Shaw Children's Institute. Each suite can function independently or be interconnected, providing flexibility for various medical practices. Amenities include a reception and lobby area, storage/records room, treatment rooms, two restrooms, and a breakroom. The property is zoned commercial and operates under a NNN lease structure with rent bumps included. This owner-user investment is ideal for a medical practice seeking a turnkey operation or an investor looking for a high-performing asset in a thriving medical hub. The property's location within the Hamilton Medical Campus ensures high visibility and accessibility for patients and staff.

Highlights

  • Newly painted exterior.
  • Updated suites.
  • 7,200 SF medical office building with six suites, currently 100% occupied.
  • Ample parking (30 spaces).
  • Reception area, storage, treatment rooms, restrooms, and breakroom.
  • Prime location within Dalton, GA's Hamilton Medical Campus, offering high visibility and proximity to major medical facilities.

Property Details for 1401 Applewood Dr

Property type
Office properties, Medical offices
Square Feet
7,332 SF
Class
B
Year Built/Renovated
1970/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
6

Location Insight

City
Dalton
County
Whitfield
State
Georgia
Latitude
34.78838
Longitude
-84.98797

FAQs

What type of property is this?
Office property - Prime Medical Office, 7,200 SF, 100% Occupied
Where is the office property located?
The property is located at 1401 Applewood Dr Dalton, GA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Newly painted exterior.; Updated suites.; 7,200 SF medical office building with six suites, currently 100% occupied.
How can I contact the broker?
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1401 Applewood Dr
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