Single-Tenant Office Medical
15-Year Absolute NNN Sale-Leaseback Healthcare Facility
2015 Vaughn Rd NW, Kennesaw, GA 30144
Listing Price: $11,100,000
Investment Overview
Marcus & Millichap is pleased to present 2015 Vaughn Road, a 30,965-square-foot medical office building constructed in 2008 and situated on 4.93 acres in Kennesaw, Georgia. The property is leased to The Autism Center of Atlanta, which has agreed to a sale-leaseback and will continue operations under an absolute triple-net (NNN) lease featuring 3 percent annual rental increases and two five-year renewal options. This structure provides investors with predictable cash flow and long-term income growth with no landlord responsibilities.
15-Year Absolute NNN Sale-Leaseback Healthcare Facility
Investment Highlights
- Absolute NNN 15-Year Lease with 3 Percent Annual Increases, and Two Five-Year Renewal Options
- Sale-Leaseback, with a Corporate Guarantee. 8th Location in the Atlanta MSA
- Nicely Located in Kennesaw, GA. 30 Miles Northwest of Atlanta, just off I-75. Kennesaw has a Documented Growth Rate of 2.11% Annually Over the Last Decade, Exceeding State and National Averages
Single-Tenant Office Medical
15-Year Absolute NNN Sale-Leaseback Healthcare Facility
Listing Price: $11,100,000
Investment Highlights
- Absolute NNN 15-Year Lease with 3 Percent Annual Increases, and Two Five-Year Renewal Options
- Sale-Leaseback, with a Corporate Guarantee. 8th Location in the Atlanta MSA
- Nicely Located in Kennesaw, GA. 30 Miles Northwest of Atlanta, just off I-75. Kennesaw has a Documented Growth Rate of 2.11% Annually Over the Last Decade, Exceeding State and National Averages
Investment Overview
Marcus & Millichap is pleased to present 2015 Vaughn Road, a 30,965-square-foot medical office building constructed in 2008 and situated on 4.93 acres in Kennesaw, Georgia. The property is leased to The Autism Center of Atlanta, which has agreed to a sale-leaseback and will continue operations under an absolute triple-net (NNN) lease featuring 3 percent annual rental increases and two five-year renewal options. This structure provides investors with predictable cash flow and long-term income growth with no landlord responsibilities.
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