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9249 Hwy 29 South
Athens, GA 30601-6352
Asking Price
$3.35M
Cap Rate
6.91%
Asset Type
Medical Office Office
Class
Class B
What's Special
Office | 6.91% CAP | 13,168 SqFt <p>Owners are pleased to present the fee-simple ownership of 9249 US-29 S, Athens, Georgia. This 13,168 square foot, single-tenant medical office building leased to the GSA has served as a Veterans Administration Community-Based Outpatient Clinic since 2007. </p><p>• Commencing on June 1, 2023, the lease structure is gross and has 9+ years of "Firm Term" remaining before expiration in February 2033. </p><p>• This lease with the GSA is backed by the United States Government which maintains S&P Ra
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NOI
$80,000
Cap Rate
2.39%
DSCR
0.40
Underwater
Cash-on-Cash
-11.83%
Monthly Payment
$16,573.972
Annual Cash Flow
$-118,887.666
