Advanced Care Medical
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.
- Tenant: Advance Care Medical
- Location: 2743 Chastain Meadows Parkway NW, Marietta, GA
- Property Type: Freestanding, Medical
- Building Size: 3,316 Square Feet
- Purchase Price: $6,493,547.83
- Cap Rate: 6.00%
Located just 20 miles northwest of Atlanta, Marietta, Georgia is perhaps best known as a destination for a charming turn-of-the-century square, quaint shops, beautiful parks, celebrated theaters, and unforgettable museums. Marietta is easily accessible via I-285 and I-75, providing a convenient and relatively quick route to Atlanta. This makes Marietta a popular location for Atlanta commuters to live. Marietta offers a peaceful escape from the fast pace of Atlanta, but with all the conveniences of a big city.
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
Office | 801.899.1943
- Lease Guarantor: Healthcare Solutions Holdings Inc.
- Initial Lease Term: 20 Years
- Rent Increases: 2% increases every year
- Renewal Options: Two 5-year Extensions