Log In/Sign Up
Your email has been sent.
Building 2100 1551 Jennings Mill Rd 5,554 SF 100% Leased Office Building Watkinsville, GA 30677 $725,500 ($130.63/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
Office | 7.00% CAP | 3,200 SqFt
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
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
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,554 SF
Building Class
B
Year Built
2000
Price
$725,500
Price Per SF
$130.63
Cap Rate
7%
NOI
$50,785
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
815 SF
Slab To Slab
11’
Building FAR
4.25
Lot Size
0.03 AC
Zoning
B-1-PUD - General business within a business park / planned unit development.
Parking
4 Spaces (2.46 Spaces per 1,000 SF Leased)
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
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Professional, Scientific, and Technical Services
- -
-
$9.99
- -
-
Jan 0000
Visit Ronda Holloway, CPA, P.C. in Watkinsville, Georgia, for accurate accounting and bookkeeping services. Our certified public accountant (CPA) has been trusted for more than 25 years to provide expert financial advice and assistance to both individuals and big businesses. Whether you own a small business, run a non-profit organization, a corporation, or just need help with your personal tax return, our experienced accountant will help you make the most of tax laws and financial strategies. We have experience working with a variety of industries such as retail, construction, professional services, education and health care. We offer one-time tax services or ongoing bookkeeping for personal or business purposes. Contact us today for more information or visit our office.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Front Porch Family Medicine | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Professional, Scientific, and Technical Services | - | $9.99 | - | Jan 0000 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $193,398 | |
| Land Assessment | $46,465 | Total Assessment | $239,863 |
Property Taxes
Parcel Numbers
Land Assessment
$46,465
Improvements Assessment
$193,398
Total Assessment
$239,863
1 of 85
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
