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217 Tennessee Ave 12,000 SF 100% Leased Office Building Bremen, GA 30110 $1,314,286 ($109.52/SF) 7.50% Cap Rate
Executive Summary
Property is located in downtown Bremen, Georgia 5 minutes from I20 and holds 2 separate leases. Leases are an 8,000 SF Children's Daycare and a 4,000 SF Health Spa.
Financial Summary (Actual - 2025) 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
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,000 SF
Building Class
C
Year Built
1993
Price
$1,314,286
Price Per SF
$109.52
Cap Rate
7.50%
NOI
$98,571
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.32
Lot Size
0.86 AC
Zoning
C2
Parking
50 Spaces (4.17 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | BR18-0148 | Total Assessment | $298,936 |
| Land Assessment | $28,800 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $270,136 | Tax Year | 2025 |
Property Taxes
Parcel Number
BR18-0148
Land Assessment
$28,800
Improvements Assessment
$270,136
Total Assessment
$298,936
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Contact the Sale Advisor
217 Tennessee Ave