Lakeside Professional Center
MEDICAL 42 | GEORGIA, USA
Why we really liked this 23,555 SF building, situated in Duluth on the North-eastern growth corridor of Atlanta, is that it is 100% leased by medical tenants, especially dentists.
Particularly attractive is the fact that all leases are “Triple Nett” which means that all expenses are passed through to the tenants. This means that dividend income is significantly more predictable in the current environment of uncertainty. The Net Rental income comfortably supports a 7% COC and 11% IRR.