100% Occupied Medical Office Building Portfolio | 8% Cap Rate

For Sale

1388 Wellbrook Cir NE, Conyers, GA 30012

This Conyers property for sale is located at 1388 Wellbrook Cir NE. The general use of 100% Occupied Medical Office Building Portfolio | 8% Cap Rate is office and it incorporates 16,280 square feet of class B office space. The current listed sale price for 100% Occupied Medical Office Building Portfolio | 8% Cap Rate is $4,280,000. 100% Occupied Medical Office Building Portfolio | 8% Cap Rate is situated on a lot that is 0.9 acre in size.

Contacts

broker

Paul Zeman

Bull Realty

Property Details

  • Property Type Office - Medical Office
  • Property Size 16,280 SF
  • Lot Size 0.9 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1994
  • Date Updated Aug 14, 2024
Conyers & Covington, GABull Realty is pleased to offer to qualified investors the opportunity to acquire a pair of medical office buildings occupied by Alliance Spine and Pain Centers located in Conyers and Covington, GA. Both properties are 100% occupied. The tenant runs a very busy pain management clinic which includes surgery suites for interventional procedures. The Covington property has one additional tenant, Athens Orthopedic Clinic, who occupies 19% of the MOB. Both properties are strategically located adjacent to Piedmont Rockdale and Piedmont Newton campuses. If you would like to pursue this opportunity, please return the Confidentiality Agreement on the last page of this Offering Memorandum. Once received, we will forward you the rent roll, income & expenses, and any other reasonably requested items. The Seller will consider offers when presented.

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Highlights

  • Both properties have executed 10-year lease renewals commencing on November 1, 2024, except for a small ±3,110 SF space occupied by Athens Orthopedics which has 2.5 years remaining
  • ±9,789 SF and ±6,500 SF Medical Office Buildings adjacent to Piedmont Hospital Campuses
  • Rapidly growing tenant with 21+ Metro Atlanta locations

Attachments

Getting around

  • 29/100

    Walk Score ®

  • 17/100

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Location

  • City Conyers, GA
  • Zip Code 30012
  • Market Atlanta

Points of Interest

  • RaceTrac

    1.05 miles

  • Shell

    1.07 miles

  • Texaco

    1.14 miles

  • Exxon

    1.96 miles

  • QuikTrip

    2.00 miles

  • Kroger

    2.55 miles

  • Bj's Fuel

    2.80 miles

  • Shell

    3.48 miles

  • Exxon

    3.94 miles

  • Chevron

    3.98 miles

  • I-20E & WEST AVENUE Park & Ride

    1.94 miles

  • East Conyers Park & Ride

    2.77 miles

  • Sigman Road Park & Ride

    3.28 miles

  • West Conyers Park & Ride

    3.32 miles

  • Mountain bike area parking

    3.43 miles

  • Green Parking

    3.93 miles

  • Orange Parking

    4.09 miles

  • Red Parking

    4.24 miles

  • Purple Parking

    4.33 miles

  • Nature Center Parking

    6.58 miles

  • Country Inn & Suites

    1.55 miles

  • Courtyard Atlanta Conyers

    1.60 miles

  • Econo Lodge

    1.80 miles

  • Microtel Inn & Suites by Wyndham Conyers Atlanta Area

    1.85 miles

  • Comfort Inn

    1.99 miles

  • Comfort Suites Lithonia- Stonecrest -Near Mall

    5.77 miles

  • Fairfield Inn & Suites Atlanta Stonecrest

    5.85 miles

  • Econo Lodge

    6.70 miles

  • La Quinta Inn & Suites by Wyndham Covington

    8.38 miles

  • Publix

    0.45 miles

  • Walmart Supercenter

    1.81 miles

  • Big Lots

    2.66 miles

  • Bj's

    2.73 miles

  • Aldi

    2.97 miles

  • Publix

    3.17 miles

  • Target

    3.27 miles

  • Walmart Supercenter

    4.88 miles

  • Burlington

    4.97 miles

  • Ross

    5.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul Zeman

Bull Realty