Conyers & Covington Archives | Sands Investment Group

Sands Investment Group is Pleased to Present Exclusively For Sale the Alliance Spine and Pain Center Located in the Cities of Conyers and Covington, Georgia. This Deal Includes Long Term Triple Net Leases With Limited Landlord Responsibilities, Providing For a Strong Stream of Passive Income.

Long Term Leases – Alliance Spine and Pain Centers, Who Occupy 80% of the Portfolio, Has Just Extended All of Their Leases For Ten (10) Years, Giving Them Eleven Years Left on Their Leases, Providing For a Long Term, Stable Income
Passive Triple Net (NNN) Leases – Triple Net (NNN) Leases With the Landlord’s Only Responsibility Being Roof and Structure, Providing For a Strong Stream of Passive Income
Medical Portfolio – Properties Are Fully Tenanted By Strong Regional Tenants With Alliance Spine and Pain Center and Athens Orthopedic Clinic; The Demand For Medical Office Buildings Has Increased Due to the Consistent Need For Healthcare Services, the Healthcare Sector’s Resilience and the Stickiness of Medical Tenants Making Medical Office Buildings Highly Sought After
Strong Demographics – Both Properties Have Very Strong Demographics and Are Located Within the Atlanta MSA and Are Within Medical Corridors of Their Respective Area – 1388 Wellbrook Circle is Located Just One Minute Away from Piedmont Rockdale Hospital, a 161-Bed Hospital
Capital Expenditures – Upon Signing of New Lease, Landlord Agreed to Put in $150,000 Between Both of the Properties, Including a Brand New Roof in 2022 For 5303 Adams Street Location
Alliance Spine and Pain Centers – Is One of the Largest Pain Management Practices in the Southeast, They Treat Patients in One of Their Twenty Clinics, They Have Offices Throughout Metro Atlanta, Northwest Georgia and Augusta
Athens Orthopedic Clinic – Athens Orthopedic Clinic Has Been Providing Patient Focused Care For More Than Fifty Years, They Now Offer Care at Seventeen Locations Throughout Northeast Georgia, Including Athens, Covington, Greensboro and Loganville