1022 Maple StCarrollton, GA 30117

Property Details for 1022 Maple St

Year built

1985

Construction

STEEL FRAME

Lot size

0.29 AC

Property size (Sq ft)

7,653 SF

Zone code

C2

Property type

Turn key restaurants

APN

C07-016-0018

APU

C070160018

Description

This exceptional investment opportunity presents a fee-simple, 7,613 square foot medical office building located at 1022 and 1024 Maple St, Carrollton, GA 30117. The property sits on a 1.04-acre lot and is currently occupied by Parachute Plasma under a 20-year triple-net (NNN) lease, providing significant long-term stability and passive income. The lease commenced upon closing and features a strong corporate guarantee, eliminating landlord responsibilities. The annual net operating income (NOI) is $428,156, resulting in a compelling 7.50% cap rate. The asking price is $5,708,747, translating to a price per square foot of $749.87. Built in 2024, this modern facility benefits from built-in rental increases of 2.00% annually, starting in year six, and includes four and five-year renewal options. The property's strategic location, less than a mile from Tanner Medical Center Carrollton (a large medical facility with over 201 beds and over 3,000 employees), further enhances its value and long-term prospects. This is a rare opportunity to acquire a high-quality, net-leased medical office building with exceptional financial performance and significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,691,980

  6.5%

  $1,561,828

  7%

  $1,450,269

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,658,823

  Geo Method

  $3,761,841

• Alternative Use

  Use

  Valuation

  Residential

  $1,317,460

  Hospitality

  $1,206,786

  Educational

  $1,004,032

  Medical

  $1,038,562

  Retail

  $1,561,828

Location Insight

City

Carrollton

County

Carroll

State

Georgia

Latitude

33.5724

Longitude

-85.0885

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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