Property Listing No Longer Available for Sale

870 & 880 Crestmark Drive, Lithia Springs, GA

Health Care for Sale - $2,800,000 - 48,602 Sq. Ft. on 3.9 acres


Property Info

CIMLS#967711
Location
  870 & 880 Crestmark Drive
  Lithia Springs GA 30122
UpdatedNovember 17th, 2017
TypeHealth Care
Price$2,800,000
Building48,602 Sq. Ft.
Land3.9 acres

Property Description

Bull Realty is pleased to offer to qualified investors the opportunity to acquire the Westpark Professional Center. The property is located in Lithia Springs, GA, an Atlanta bedroom community in close proximity to Interstate 20. Existing tenant mix includes: OB/GYN, Gastroenterology, Ophthalmology, Primary Care, Fertility and Dental.

The property consists of two office buildings with a total of 48,602 SF which are 50% occupied. This value add opportunity will prove to have outstanding upside in the hands of a qualified investor. The asset is offered at $57/SF. If you would like to view the rent roll, income & expenses, please execute and return the Confidentiality Agreement on the last page of the Offering Memorandum.

Location Description:

Lithia Springs is located along I-20 less than 20 miles west of Downtown Atlanta. It is an unincorporated area, formerly a city until 2001, located in northeastern Douglas County. The area borders Cobb County directly to its north.

Douglas County's strategic location as the western gateway to Atlanta, and its proximity and ease of access to Atlanta's Hartsfield-Jackson International Airport, make it an enviable place to live, work and play. There is an abundance of cultural and recreational opportunities, a low cost of living, commendable education system, exceptional health care facilities, colleges and universities and a friendly hometown atmosphere. Popular recreational activities that draw tourists from all over include Sweetwater Creek State Conservation Park, Dog River Reservoir and Clinton Nature Preserve.

Highlights:

>> Westside Professional Center

>> 48,602 SF medical office investment opportunity

>> An Atlanta bedroom community

>> Current tenant mix includes the following medical specialties: OB/GYN, Gastroenterology, Ophthalmology, Primary Care, Fertility and Dental

>> Property consists of two office buildings

>> 50% occupancy

* Email for additional photos


Financials