CONSULTANTS IN PAIN MEDICINE 3221 Glynn Ave, Brunswick, GA 31520
Cap Rate 7.83%
Price Per SF $410
Leasable Area 3,543 SF
Broker of Record
License No. 67120 (GA)
Matthews Real Estate Investment Services
841 Apollo Street Suite 150, El Segundo, CA 90245
- Healthcare Real Estate – Healthcare properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
- Passive Investment Structure – NNN lease structure provides a “hands off” investment for both local and national investors
- Premier Tenant – Property is fully occupied by Surgery Partners, one of the country’s largest operators of outpatient facilities. They operate at this facility under two separate leases.
- Additional Billboard Income – Landlord is also receiving $12,000/year from additional income from billboard situated next to building. This has been factored into our NOI.
- Continued Tenant Investment in Property – Tenant has continually invested back into the property. Floors were recently stripped and waxed and the entire inside office is currently being repainted.
- Well Visited Location – Property is strategically located off Glynn Ave (US. 17), which runs from Florida to Maryland. This particular stretch of highway sees over 28,000 vehicles per day.
- Healthcare Corridor – This clinic sits less than a mile away from Southeast Georgia Health Systems’ Brunswick Campus, a big referral source for the site.
- Growing Market – The population within a 5-mile radius is expected to grow 3.40% over the next 5 years.
- National Tenant – Surgery Partners is a leading operator of surgical facilities and ancillary services with more than 180 locations nationwide.
- High Growth Tenant – Surgery Partners continues to expand from the company’s acquisitions of established practices across the country.