Transaction Details
$4.05 million
Savannah, GA
15,687 SF
Specialty Medical Facility
Investment Sale
Cardiology
Key Highlights
Property Overview
CREG Healthcare successfully represented the seller in the $4.05 million sale of Savannah Cardiology Clinic, a 14,600 square foot cardiology facility in Savannah, Georgia, providing comprehensive cardiovascular care to the historic coastal Georgia region.
Transaction Highlights
Savannah Cardiology Clinic represents a premier cardiovascular care facility serving coastal Georgia's growing and aging population. The clinic features advanced cardiac diagnostic capabilities including stress testing, echocardiography, nuclear imaging, and vascular studies. Savannah's strong demographics, driven by retirement communities and tourism, create consistent demand for cardiology services.
Property Features
Comprehensive Cardiology
Full-service cardiology facility with advanced diagnostic imaging, stress testing, and comprehensive cardiovascular evaluation capabilities.
Coastal Georgia Market
Serving historic Savannah and surrounding coastal communities with favorable aging demographics and retirement populations.
Diagnostic Center
State-of-the-art cardiac diagnostic equipment including echocardiography, nuclear imaging, and vascular testing capabilities.
Established Practice
Well-established cardiology group with strong hospital relationships and comprehensive referral network throughout region.
Why This Transaction Succeeded
- Cardiology Premium: Cardiovascular specialty focus commanded premium valuation given high reimbursement and essential service nature.
- Demographic Strength: Savannah's aging population and retirement communities created strong long-term demand for cardiology services.
- Diagnostic Capabilities: Advanced cardiac imaging and testing equipment enhanced facility value and revenue potential.
- Market Position: Established presence in Savannah healthcare market with strong physician and hospital relationships.
- Buyer Network: Targeted marketing to cardiology-focused investors and specialty medical real estate funds generated interest.
Transaction Outcome
Savannah Cardiology Clinic sold for $4.05 million to a specialty medical real estate investor focusing on cardiology properties. The transaction showcased CREG Healthcare's ability to effectively market specialty cardiovascular facilities by emphasizing demographic trends, diagnostic capabilities, and the essential nature of cardiac care services.
"CREG Healthcare's understanding of cardiology real estate and their ability to articulate our facility's strengths in the Savannah market resulted in a successful transaction that met our objectives."
Your Transaction Team
Work directly with our experienced managing partners who have closed billions in medical real estate transactions.
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