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1825 Lockeway Dr - Suite 202 (1212sf) 1,212 SF Office Condo Unit Offered at $295,000 in Alpharetta, GA 30004
INVESTMENT HIGHLIGHTS
- Great Location near Entrance to Office Park
- Alpharetta address - South Forsyth Location
- Walk to restaurants, bank, business services!
- Tenanted since January 2025 to Tutoring Services Group
- Access to GA 400 at McFarland Rd (Exit 12)
PROPERTY FACTS Under Contract
| Total Building Size | 7,820 SF | Typical Floor Size | 7,820 SF |
| Property Type | Office (Condo) | Year Built | 2003 |
| Building Class | B | Lot Size | 0.27 AC |
| Floors | 1 | ||
| Zoning | M1, County - light industrial | ||
| Total Building Size | 7,820 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,820 SF |
| Year Built | 2003 |
| Lot Size | 0.27 AC |
| Zoning | M1, County - light industrial |
1 UNIT AVAILABLE
Unit 202
| Unit Size | 1,212 SF | Condo Use | Office |
| Price | $295,000 | Sale Type | Investment |
| Price Per SF | $243.40 | Sale Status | Under Contract |
| Unit Size | 1,212 SF |
| Price | $295,000 |
| Price Per SF | $243.40 |
| Condo Use | Office |
| Sale Type | Investment |
| Sale Status | Under Contract |
DESCRIPTION
Investment opportunity to purchase tenanted office condo in the Grasslands Office Park (Alpharetta address, Forsyth County taxes). This recently updated office condo offers a professional and spacious work area, with both a traditional front entrance, plus a rare rear entrance, which opens to a patio overlooking green space - great for taking an outdoor refreshment break!
FLOOR PLAN includes a Reception with tray ceiling, and adjoining spacious Conference Room/Office. There are 4 additional private offices, including 1 with built-in cabinetry (ideal for a workroom or storage), plus a small Kitchenette with sink, counter, cabinets and new fridge, a central Restroom, plus an Equipment/Storage Room.
IMPROVEMENTS include new HVAC system in 2022; Interior Painting updates, New Flooring in Bathroom, Kitchenette and Storage Room, New Mini Fridge, New solid surface Countertops and Hardware, New Cabinetry in 2024. Small Hot Water Heater replaced in 2020.
Parking is unassigned, and consists of spaces directly outside unit and across the driveway. Condo fees of $199/mo. cover water, sewer, landscaping, collective trash service, outdoor lighting and maintenance of roofs, exterior and common areas. Space leased to great tenant with Tutoring and Education Support Business on 1/1/25, and initial lease term is through 12/31/26. Nice opportunity to purchase tenanted space in an established office condo development near Exit 12 (McFarland Rd). This backs up to a newer condo development with much higher prices, so represents a good value in the area. The 1825 building is conveniently situated near the front of the development with a quick walk to the community mailboxes. Also very close to neighborhood Kroger, lunchtime eateries, gas station and business services in a convenient South Forsyth location. This space is tenanted, with no signage or lockbox. We are glad to set up an appointment time when the tenant is not running tutoring sessions, with advance notice preferred. Please do not disturb tenant - thanks.
SALE NOTES
Excellent opportunity to buy a spacious office condo in South Forsyth - and enjoy an Alpharetta address with Forsyth County property taxes!
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Tutoring Service |
-
|
Jan 0000
|
| Bettis Law Group |
-
|
Jan 0000
|
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1825 Lockeway Dr - Suite 202 (1212sf)
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