Mixed-Use
The Columbia Professional Center | Medical, Government, & Industrial Center
571 Hammock Rd NW, Milledgeville, GA 31061
Listing Price: $14,000,000
Investment Overview
The Columbia Professional Center (CPC) is a key flex asset in Central Georgia, locally known as the Middle Georgia region, supporting the growing local economy with a diverse mix of medical, government, and industrial tenants. With 89% occupancy, CPC generates strong in-place income while offering significant upside potential.
-The CPC is home to a vital medical ecosystem, supporting Central Georgia’s growing economy with diverse medical tenants, including optometry, audiology, oncology, and rehabilitation.
-Northside Hospital, one of Georgia’s largest healthcare providers, recently signed a new 10-year lease and established a $3 Million+ oncology center at the CPC.
-Several of Georgia’s State Agencies (S&P: AAA) have a long-term presence operating at The Columbia Professional Center, providing critical services such as family and child support, rehabilitation, and vocational assistance to Central Georgia residents.
-Over $2.27 Billion in Government Funding Allocated to the State Tenants’ Departments.
-Current ownership under an LOI for renewal and expansion of the agencies currently at the CPC.
-The CPC is anchored by two major industrial tenants, each operating at the facility for over 10 years.
-Baker Distributing, a subsidiary of Watsco (NYSE: WSO), is a leading HVAC equipment distributor & recently executed a new 10-year lease in 2024.
-SpillTech, Inc., recently executed an early lease renewal in 2024 and is a subsidiary of New Pig Corp., the world’s largest manufacturer of absorbent and spill remediation products.
-Potential to increase industrial revenue contribution by leasing the excess land for industrial outdoor storage & raising well-below market rents.
Investment Highlights
- Critical Asset Serving a Growing Central Georgia Economy | Medical, Government, & Industrial Center
- Strong, Diversified Tenant Profile | Over 60% of Rental Income Generated from Medical & Government Tenancy
- Anchored by Two Large Industrial Tenants | SpillTech, Inc. (New Pig Corp. Subsidiary) & Baker Distribution (Watsco, Inc. Subsidiary)
- New 10-Year Lease with Northside Hospital | Tenant Invested $3 Million+ into Space
- Long-Term Georgia State Agency Tenants (S&P: AAA) | Under LOI to Nearly Double Space
- Value-Add Opportunity by Raising Rents to Market & Converting Leases to NNN
- Excess Land Ideal for Industrial Outdoor Storage or Future Development | Located on Norfolk Southern Rail Line
Exclusively Listed By
Mixed-Use
The Columbia Professional Center | Medical, Government, & Industrial Center
Listing Price: $14,000,000
Investment Highlights
- Critical Asset Serving a Growing Central Georgia Economy | Medical, Government, & Industrial Center
- Strong, Diversified Tenant Profile | Over 60% of Rental Income Generated from Medical & Government Tenancy
- Anchored by Two Large Industrial Tenants | SpillTech, Inc. (New Pig Corp. Subsidiary) & Baker Distribution (Watsco, Inc. Subsidiary)
- New 10-Year Lease with Northside Hospital | Tenant Invested $3 Million+ into Space
- Long-Term Georgia State Agency Tenants (S&P: AAA) | Under LOI to Nearly Double Space
- Value-Add Opportunity by Raising Rents to Market & Converting Leases to NNN
- Excess Land Ideal for Industrial Outdoor Storage or Future Development | Located on Norfolk Southern Rail Line
Investment Overview
The Columbia Professional Center (CPC) is a key flex asset in Central Georgia, locally known as the Middle Georgia region, supporting the growing local economy with a diverse mix of medical, government, and industrial tenants. With 89% occupancy, CPC generates strong in-place income while offering significant upside potential. -The CPC is home to a vital medical ecosystem, supporting Central Georgia’s growing economy with diverse medical tenants, including optometry, audiology, oncology, and rehabilitation. -Northside Hospital, one of Georgia’s largest healthcare providers, recently signed a new 10-year lease and established a $3 Million+ oncology center at the CPC. -Several of Georgia’s State Agencies (S&P: AAA) have a long-term presence operating at The Columbia Professional Center, providing critical services such as family and child support, rehabilitation, and vocational assistance to Central Georgia residents. -Over $2.27 Billion in Government Funding Allocated to the State Tenants’ Departments. -Current ownership under an LOI for renewal and expansion of the agencies currently at the CPC. -The CPC is anchored by two major industrial tenants, each operating at the facility for over 10 years. -Baker Distributing, a subsidiary of Watsco (NYSE: WSO), is a leading HVAC equipment distributor & recently executed a new 10-year lease in 2024. -SpillTech, Inc., recently executed an early lease renewal in 2024 and is a subsidiary of New Pig Corp., the world’s largest manufacturer of absorbent and spill remediation products. -Potential to increase industrial revenue contribution by leasing the excess land for industrial outdoor storage & raising well-below market rents.
Exclusively Listed By

