10 Main St Market PlCartersville, GA 30121

Property Details for 10 Main St Market Pl

Year built

2018

Lot size

1.00 AC

Property size (Sq ft)

5,000 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a 5,000-square-foot Class A medical office building in Cartersville, Georgia, currently leased to Piedmont Healthcare under a Net Lease (NN+) agreement. Built in 2018, the single-story building boasts a state-of-the-art design and is situated on a one-acre lot at a signalized intersection on E. Main Street, a major commercial thoroughfare with 21,910 vehicles per day. The property includes 20 parking spaces and benefits from a 10-year lease (commencing February 1, 2019, and expiring January 31, 2029), with 2% annual rent increases. The lease features two five-year renewal options, providing long-term stability and a strong hedge against inflation. The current Net Operating Income (NOI) is $171,022, resulting in a 4.89% capitalization rate. The asking price is $3,500,000, translating to $700 per square foot. Piedmont Healthcare, a highly credit-rated tenant with a substantial portfolio, provides a corporate guarantee, minimizing risk. This property offers a compelling combination of strong tenant occupancy (100%), a desirable location, and significant long-term growth potential. The building is the first urgent care facility in Northwest Georgia with full accreditation by the Urgent Care Association of America. This is a rare opportunity to acquire a high-quality, income-producing asset with a proven track record.

Location Insight

City

Cartersville

County

Bartow

State

Georgia

Latitude

34.1725

Longitude

-84.7807

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].