1040 Morningside Dr

Auction Date: November 30th, 2026

• Healthcare Real Estate Investment Overview: Medical office buildings tend to be highly favorable to investors due to their high-cost build-outs, higher average rental rates, and increased demand. These factors are even more prevalent when the location is an ambulatory surgery center.
• Functional Layout: This well-designed ± 6,424 SF clinic features ample space with 4 exam rooms, a surgery center, a recovery room, and an x-ray room. Additionally, it includes areas for billing, nursing, two office rooms, and a conference room. The property also offers a parking lot with 20 spaces, ensuring convenient access for staff and patients.
• Versatile Space for Various Care: This property offers a versatile space ideal for a variety of medical practices. Well suited for podiatry, cardiovascular, or orthopedics, providing ample room for specialized equipment and patient care areas. Additionally, the facility’s size and infrastructure help in accommodating diagnostic equipment and surgical procedures with ease.
• Specialized Surgery Center: This site was previously used as a podiatric clinic and surgery center. Ambulatory surgery centers allow patients a cost-effective alternative to the hospital, whether it be surgical or clinic care.
• Growing Market: Perry, GA shows solid market fundamentals, such as a 2.4% rent growth and 0.3% vacancy decrease from 2022, on top of employment and population growth. The city is home to several major employers, including Robins Air Force Base, Frito-Lay, and Perdue Farms.
• Business Friendly State: Georgia has been named the No. 1 state to do business for 11 consecutive years. Committed to its economic development, the state offers a strong pro-business environment, tax incentives, and nationally recognized workforce training programs.
• Medical Corridor: Various medical practices surround the subject property and other specialties such as dental, cardiovascular, and family practice. The proximity of these various practices creates an ideal synergy, allowing for a strong referral network and easy transportation from one clinic to another.
• Hospital Adjacent: Emory Health recently acquired the adjacent hospital (formerly Houston Medical Center) showing a strong commitment to the area, adding substantial presence and demand to the area.