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Vantage Pointe Medical Office - Covington, GA 4162 Baker St

7,000 SF 100% Leased Office Building Covington, GA 30014 $2,338,825 CAD ($334 CAD/SF) 7.50% Cap Rate

Investment Highlights

  • Property is Approximately 0.5-Miles From Piedmont Newton Hospital
  • 100% Leased - in Addition to Amedisys Home Health, the Remaining Tenant is Covington Family Dental Which is a Long Standing Medical Tenant
  • Dentistry is a Recession Proof Industry
  • Strong Corporate Guarantee - Amedisys Home Health Care Operates in 38 States With 537 Locations
  • Over 157,000 People Within a 10-Mile Radius

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the 7,000 SF Vantage Pointe Medical Office Located at 4162 Baker
Street in Covington, GA. This Deal Includes a Strong Corporate Guarantee By Amedisys Home Health Care That Operates in 38 States With 537 Locations, Providing For an Excellent Investment.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,000 SF
Building Class
B
Year Built
2007
Price
$2,338,825 CAD
Price Per SF
$334 CAD
Cap Rate
7.50%
NOI
$175,412 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,000 SF
Building FAR
0.76
Lot Size
0.21 AC
Zoning
C1 - Commercial
Parking
60 Spaces (8.57 Spaces per 1,000 SF Leased)
  • Listing ID: 29648748

  • Date on Market: 2022-08-04

  • Last Updated:

  • Address: 4162 Baker St, Covington, GA 30014

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