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201 Business Park Dr 11,223 SF 100% Leased Office Building Rincon, GA 31326 $1,975,000 ($175.98/SF) 7.07% Cap Rate
Executive Summary
Prime Investment Opportunity in thriving Rincon, GA location with frontage and visibility along Highway 21 with over 33,000 vehicles passing daily
3-story professional building constructed in 2005 and fully leased by 5 tenants. Renewal options have lease escalations. Opportunity to increase below-market rents over time.
Adjacent .78 Acre lot/development site also available, asking $250,000
3-story professional building constructed in 2005 and fully leased by 5 tenants. Renewal options have lease escalations. Opportunity to increase below-market rents over time.
Adjacent .78 Acre lot/development site also available, asking $250,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,223 SF
Building Class
B
Year Built
2005
Price
$1,975,000
Price Per SF
$175.98
Cap Rate
7.07%
NOI
$139,700
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,314 SF
Slab To Slab
14’
Building FAR
0.33
Lot Size
0.77 AC
Zoning
B-2 - Business commercial
Parking
35 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Austin Exteriors
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$9.99
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Lorem Ipsum
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Jan 0000
- Platinum Hair Study
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$9.99
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Lorem Ipsum
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Jan 0000
- Rincon Day Spa
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Lorem Ipsum
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Jan 0000
- Studio 21 Salon
- Services
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$9.99
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Austin Exteriors | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Platinum Hair Study | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Rincon Day Spa | - | - | - | Lorem Ipsum | Jan 0000 | |
| Studio 21 Salon | Services | - | $9.99 | Lorem Ipsum | - |
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Property Taxes
| Parcel Number | 0465F-00000-001-000 | Improvements Assessment | $93,900 |
| Land Assessment | $19,642 | Total Assessment | $113,542 |
Property Taxes
Parcel Number
0465F-00000-001-000
Land Assessment
$19,642
Improvements Assessment
$93,900
Total Assessment
$113,542
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Photos
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201 Business Park Dr
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