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Alliance Spine and Pain Center Portfolio

2 Office Properties Offered at $6,019,392 CAD in Multiple Locations

Investment 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
  • Rapidly growing tenant with 21+ Metro Atlanta locations
  • ±9,789 SF and ±6,500 SF Medical Office Buildings adjacent to Piedmont Hospital Campuses

Executive Summary

Bull 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.

Property Facts

Price $6,019,392 CAD
Price / SF $369.74 CAD / SF
Cap Rate 8%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 16,280 SF
Total Land Area 1.90 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Alliance Spine & Pain Center
1388 Wellbrook Cir, Conyers, GA 30012
Office 6,500 SF 1994 -
Covington Medical Center
5303 Adams St, Covington, GA 30014
Office 9,780 SF 1974 -
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  • Listing ID: 29353766

  • Date on Market: 2024-05-15

  • Last Updated:

  • Address: Alliance Spine and Pain Center Portfolio, Conyers, GA

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