Advanced Care Medical

Kennesaw, GEORGIA

Advance Care’s mission and business strategy is to provide better, more consistent, comprehensive care solutions by vertically integrating urgent care facilities with ancillary services and new technologies. The intended outcome is to provide a broader continuum of patient care at a lower cost and generate significantly higher operating margins.

    Property Information

    • Tenant:  Advance Care Medical
    • Location: 4300 Bells Ferry Road, Kennesaw GA 30144
    • Property Type: Freestanding, Medical
    • Building Size: 3,254 Square Feet
    • Purchase Price: $5,533,238.76
    • Cap Rate:  6.00%
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    Kennesaw, Georgia

     

    The City’s approximately 32,000 residents enjoy Kennesaw as a great place to live, learn, work and play. The City’s combination of small town charm and big city amenities provides access to excellent educational resources, first-rate parks, green spaces, public buildings, and athletic facilities, high quality and affordable recreation programs, safe, well-maintained neighborhoods and central business district.

    About Tenant In Common

    Tenant in common or TIC ownership allows two or more people to hold an ownership interest in a property. Each property owner or business
    entity holds its own separate stake in the property and receives a deed.Their interests do not have to be equal.

    This Millcreek Commercial property has the following characteristics:

     

    • Property is offered debt-free
    • Long-term, corporate-guaranteed lease
    • Satisfies IRS requirements for 1031 exchanges
    Millcreek Commercial pleasant grove office building

    Office | 801.899.1943

    Lease Information

    • Lease Guarantor: Healthcare Solutions Holdings Inc.
    • Initial Lease Term:  20 Years
    • Rent Increases: 2% increases every year
    • Renewal Options:  Two 5-year Extensions