12-Unit Healthcare Facility | ±8,878 SF
22 Madras Parkway
Newnan, GA 30263
Highlights
- ±8,878 SF property is suited for healthcare of senior housing facility purposes
- 12 double occupancy units for residents
- Immediate occupancy available
- Fully functioning staff and medical operational areas
- Built in 2009
- Septic tank just replaced with sewer connection (>$50,000 cost)
- Plans under way to connect Madras Parkway to Highway I-85
Description
This ±8,878 SF property is immediately available and located in the area of Newnan, GA. This 12-unit healthcare facility was recently built in 2009 and zoned R-C (Rural Conservation.) Seller will support rezoning or Special Use Permit application.
Originally built as a hospice, with special use permit, the property is also suited for other senior housing and medical uses such as a clinic or urgent care center requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, kitchenette and laundry room. Patient rooms could be converted into exam and treatment rooms in a clinic or urgent care center setting. Gas-powered generator, sprinkler, video cameras.
The property is located in Newnan, GA.
Documents
Feasibility and Financial Analysis for Medical Clinic at 22 Madras Pkwy in Newnan, GACostar Medical Office Sold Comps.xlsx
Lease Comp Analytics.pdf
NNN Lease Versus Buy Calculations Tenant.xlsx
22 Madras Pkwy, Newnan-, GA Property Details
Traffic Count Map 22 Madras Pkwy Newnan, Georgia 30263
Madras Parkway Expansion.
Exciting 175 Million Untapped Total Available Medical Market in Newnan, GA.mp4
Offering Memorandum

