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Office Medical

Value-Add Medical Office | Atlanta MSA | $270k+ in 2022 Renovations

860 Hampton Rd, McDonough, GA 30253

Listing Price: $1,050,000

Gross SF
3,000
Rentable SF
3,000
Price/Gross SF
$350.00
Occupancy
1.0%
Year Built
2003
Lot Size
0.67 acres

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the recently renovated medical office located at 860 Hampton Rd in McDonough, GA. Formerly occupied by Atlanta Plus Urgent Care, the building totals 3,000 square-feet and rests on approximately 0.67 acres. Recent improvements, totaling over $270,000, include interior renovations with a full medical office build-out, new roof, and a recently restriped parking lot. Currently built-out for medical use, the subject property offers value-add opportunity through filling vacancy or as an ideal space for an owner user. Positioned within the high-growth McDonough submarket, the medical office features excellent visibility via Hampton Rd (25,000+ VPD), and is located less than ½ mile from Interstate-75. Additionally, various new developments are underway in the immediate surrounding area with existing national retailers including Walmart, Lowe’s, McDonald’s, Office Depot, & more.

The Atlanta metro encompasses 29 counties in northwestern Georgia. With few natural barriers to limit development, tremendous population growth over the past decade expanded the metro’s borders, and the region now has a population of roughly 6.1 million people. Over the next five years, the region is expected to add approximately 298,000 residents. Meanwhile, Mercedes-Benz Stadium has been a catalyst for redevelopment in the urban core of Atlanta, while Truist Park has prompted new development northwest of downtown Atlanta. In 2023, the metro will remain a top market nationally for commercial construction. The volume of new projects in the downtown and midtown sections of the metro will present additional housing, entertainment and retail opportunities. This will entice residents back into the city and provide options for people moving to the metro.

Investment Highlights

  • Newly Renovated Single-Tenant Medical Office | Former Urgent Care Facility with Full Medical Office Build-Out
  • Over $270,000 in Recent Capital Improvements | Roof Replaced in 2023 | Parking Lot Restriped in 2022
  • Excellent Visibility Via Highway 81/Hampton Rd (25,000+ VPD) | 7.7 Miles from Piedmont Henry Hospital (215-Beds)
  • Value-Add Opportunity through Filling Vacancy or Ideal for an Owner User | Option to Easily Convert to Single-Tenant Retail
  • High Growth Submarket | Numerous New Retail & Multifamily Developments Underway in the Immediate Surrounding Area

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Office Medical

Value-Add Medical Office | Atlanta MSA | $270k+ in 2022 Renovations

Listing Price: $1,050,000

Gross SF
3,000
Rentable SF
3,000
Price/Gross SF
$350.00
Occupancy
1.0%
Year Built
2003
Lot Size
0.67 acres

Investment Highlights

  • Newly Renovated Single-Tenant Medical Office | Former Urgent Care Facility with Full Medical Office Build-Out
  • Over $270,000 in Recent Capital Improvements | Roof Replaced in 2023 | Parking Lot Restriped in 2022
  • Excellent Visibility Via Highway 81/Hampton Rd (25,000+ VPD) | 7.7 Miles from Piedmont Henry Hospital (215-Beds)
  • Value-Add Opportunity through Filling Vacancy or Ideal for an Owner User | Option to Easily Convert to Single-Tenant Retail
  • High Growth Submarket | Numerous New Retail & Multifamily Developments Underway in the Immediate Surrounding Area

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the recently renovated medical office located at 860 Hampton Rd in McDonough, GA. Formerly occupied by Atlanta Plus Urgent Care, the building totals 3,000 square-feet and rests on approximately 0.67 acres. Recent improvements, totaling over $270,000, include interior renovations with a full medical office build-out, new roof, and a recently restriped parking lot. Currently built-out for medical use, the subject property offers value-add opportunity through filling vacancy or as an ideal space for an owner user. Positioned within the high-growth McDonough submarket, the medical office features excellent visibility via Hampton Rd (25,000+ VPD), and is located less than ½ mile from Interstate-75. Additionally, various new developments are underway in the immediate surrounding area with existing national retailers including Walmart, Lowe’s, McDonald’s, Office Depot, & more. The Atlanta metro encompasses 29 counties in northwestern Georgia. With few natural barriers to limit development, tremendous population growth over the past decade expanded the metro’s borders, and the region now has a population of roughly 6.1 million people. Over the next five years, the region is expected to add approximately 298,000 residents. Meanwhile, Mercedes-Benz Stadium has been a catalyst for redevelopment in the urban core of Atlanta, while Truist Park has prompted new development northwest of downtown Atlanta. In 2023, the metro will remain a top market nationally for commercial construction. The volume of new projects in the downtown and midtown sections of the metro will present additional housing, entertainment and retail opportunities. This will entice residents back into the city and provide options for people moving to the metro.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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