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Unit 1400B 1551 Jennings Mill Rd 3,200 SF Office Building Watkinsville, GA 30677 $725,500 ($226.72/SF) 7% Cap Rate
Investment Highlights
- 100% leased to a single tenant — ~4.5 years remaining on a 5-year term
- Passive, low-management single-tenant investment
- 4% annual rent escalations built in — contractual NOI growth every year
Executive Summary
Marketing description
Now offered for sale as a stabilized, income-producing investment, this 3,200 SF Class B professional office unit is 100% leased to a single tenant in a highly desirable Watkinsville location. Positioned along Jennings Mill Road, just minutes from Epps Bridge Parkway, GA 316, and downtown Athens, the property provides excellent access to major corridors, strong visibility, and proximity to retail, dining, and residential growth in Oconee County.
Unit 1400B spans three levels — a 1,200 SF lower level and 2,000 SF across the main and second floors — featuring flexible layouts, modern finishes, and ample natural light. The in-place tenant has approximately 4.5 years remaining on a 5-year lease with 4% annual rent escalations already built in, delivering secure, growing cash flow from day one with meaningful upside for an investor over the lease term and beyond, in one of the region's more desirable office markets.
Full lease abstract and financials available upon request.
Investment highlights
List Price: $725,500
Cap Rate: 7.0% (based on Year 1 NOI)
Year 1 NOI: $50,784
100% leased to a single tenant — ~4.5 years remaining on a 5-year term
4% annual rent escalations built in — contractual NOI growth every year
In-place rent: $15.87/SF/YR + TICAM + utilities (TICAM = $4.23/SF/YR reimbursed by tenant)
Passive, low-management single-tenant investment
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Amenities
- Security System
- Kitchen
- Reception
- Central Heating
- Natural Light
- Open-Plan
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Front Porch Family Medicine
- -
- -
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$9.99
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Lorem Ipsum
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Jan 0000
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- Professional, Scientific, and Technical Services
- -
-
$9.99
- -
-
Jan 0000
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Front Porch Family Medicine | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
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Professional, Scientific, and Technical Services | - | $9.99 | - | Jan 0000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $193,398 | |
| Land Assessment | $46,465 | Total Assessment | $239,863 |
Property Taxes
Contact the Sale Advisor
Unit 1400B | 1551 Jennings Mill Rd