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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 40 Updated: 10.17.23 Posted: 08.22.23 Status: Sold     10.02.23

Summary

Price $2,643,478 $2,715,000
Built/Renov 2023
Tenant Peachtree Immediate Care
Cap Rate 5.75% 5.60%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 4,000
Lease Start 05-22-2023
#Units 63
Price/SF $660.87 $678.75
Expiration 05-22-2033
Tenant Type Medical/Health
NOI $152,000
R. Term 7.9
Ownership Fee Simple
Rent/SF $38.00
Increases 10.0%/5/yrs
Pop 5Mi 78,779
Lot/AC 0.62
Options 3/5yrs/10%
AHHI 5Mi $65,945

Highlights

  • Brand-new 2023 construction
  • Peachtree Immediate Care recently signed a new 10-year lease with 3 (5-year) options to extend
  • Lease features 10% rental increases every 5 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporately guaranteed by CRH Healthcare, LLC

Location Description

Peachtree Immediate Care is situated on Inner Perimeter Road with access to 24,400 vehicles passing by daily. The site is easily accessible for customers with multiple entry and exit points, and there is also interparcel access to a traffic signal, providing convenient access. The subject property is part of the newly developed Staten Station, which is anchored by a grocery store and other...

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Maps

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  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Peachtree Immediate Care is an urgent care facility and provides urgent care services. Their urgent care services handle most non-life threatening, non-medical emergencies, including the treatment...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 7,753 47,361 79,380
2023 Total Population : 7,661 46,773 77,939
2023 Employed Civilian Pop : 3,109 19,127 31,149
2023 Total Businesses : 508 1,602 3,048
2023 Average Household Income : $ 69,866 $ 64,967 $ 64,395
2023 Total Consumer Spending : $ 214 M $ 1044 M $ 1691 M
2023 Median Age : 30 30 31
2023 Total Households : 3,521 18,429 30,130
2023 Pop Age 25+: Bachelor's Degree : 1,495 5,752 9,134
2023 Average Home Value : $ 298,220 $ 253,628 $ 243,912
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
North Oak Street Oak Garden Dr 2021 15,100 0.22 mi
North Oak Street Oak Garden Dr 2019 16,300 0.22 mi
Inner Perimeter Road Greystone Way 2021 24,400 0.35 mi
N Oak St Murray Rd 2005 17,590 0.39 mi
Cherry Creek Road Sunnymeade Dr 2019 5,240 0.50 mi
Cherry Creek Road Sunnymeade Dr 2021 5,170 0.50 mi
North Valdosta Road Country Club Rd 2018 19,400 0.52 mi
North Valdosta Road Country Club Rd 2021 19,000 0.52 mi
N Ashley St N Valdosta Rd 2005 23,880 0.55 mi
N Valdosta Rd Country Club Rd 2005 20,120 0.56 mi

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