442 Park DrGrovetown, GA 30813

Property Details for 442 Park Dr

Year built

1995

Lot size

0.46 AC

Property size (Sq ft)

4,024 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This 4,024 square foot Class B office building, situated on a 0.46-acre lot in Grovetown, Georgia (zip code 30813), is available for $850,000. Built in 1995, the property boasts a 5.75% cap rate and a current NOI of $48,887. Previously used as a dialysis center, the layout features a large open area with perimeter offices. The building is currently vacant but benefits from a new roof and is undergoing tenant improvements as part of a new lease agreement. This C-2 zoned property enjoys a convenient location off I-20 at the Belair Road exit, near Fort Eisenhower and surrounded by numerous retail establishments including Cracker Barrel, McDonald's, and a Pilot Travel Center, ensuring high traffic and visibility. The property's strong location, combined with the potential for immediate income generation from a new tenant (a pharmaceutical laboratory with excellent credit), makes this an attractive investment opportunity. The tenant's lease includes a five-year initial term with three five-year renewal options. The building is a single unit structure.

Location Insight

City

Grovetown

County

Columbia

State

Georgia

Latitude

33.48

Longitude

-82.1345

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