102 Springfield Dr 6,000 SF Office Building Woodstock, GA 30188 $1,500,000 ($250/SF) 3.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Totally Renovated in 2021
- HVAC, Water Heater, Roof installed in 2021
EXECUTIVE SUMMARY
Newly renovated 6000 sq ft office space. Fresh paint, flooring, new HVAC, roof, hot water heater installed in 2021.
Please call for showing, do not disturb the current tenant. Current tenant lease is up June 2027, However, current tenant can be out in 60 days with proper notice. Located in a prime location off of GA Hwy 92, close to Woodstock and I-575.
Please call for showing, do not disturb the current tenant. Current tenant lease is up June 2027, However, current tenant can be out in 60 days with proper notice. Located in a prime location off of GA Hwy 92, close to Woodstock and I-575.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
6,000 SF
Building Class
A
Year Built/Renovated
1993/1998
Price
$1,500,000
Price Per SF
$250
Cap Rate
3.60%
NOI
$54,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,000 SF
Slab To Slab
10’
Building FAR
0.15
Lot Size
0.93 AC
Zoning
GC
Parking
25 Spaces (3.12 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Convenience Store
- Dry Cleaner
- Restaurant
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 015N18-00000-027-00A-0000 | Improvements Assessment | $152,532 |
| Land Assessment | $117,600 | Total Assessment | $270,132 |
CONTACT
-
Mike McGarity - MKM Consulting
