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222 Highland Crossing; Ellijay, GA 222 Highland Xing 14,962 SF Office Building Ellijay, GA 30540 $4,000,000 ($267.34/SF)
Investment Highlights
- Fully leased through January 2034 with a 5 year option through Jan 2039
- Great location/high traffic/retail and commercial area of East Ellijay
Executive Summary
Fully leased office space. Tenant is the State of Georgia. Leased through January 31, 2034 with a 5 year option to renew.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$303,616
|
$20.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$303,616
|
$20.29
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$155,718
|
$10.41
|
| Net Operating Income |
$147,898
|
$9.88
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $303,616 |
| Annual Per SF | $20.29 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $303,616 |
| Annual Per SF | $20.29 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $155,718 |
| Annual Per SF | $10.41 |
| Net Operating Income | |
|---|---|
| Annual | $147,898 |
| Annual Per SF | $9.88 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,962 SF
Building Class
B
Year Built
2018
Price
$4,000,000
Price Per SF
$267.34
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,962 SF
Building FAR
0.17
Lot Size
1.97 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial Service District
Parking
75 Spaces (5.01 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Central Heating
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 2067-106AQ | Improvements Assessment | $1,102,584 |
| Land Assessment | $200,000 | Total Assessment | $1,302,584 |
Property Taxes
Parcel Number
2067-106AQ
Land Assessment
$200,000
Improvements Assessment
$1,102,584
Total Assessment
$1,302,584
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222 Highland Crossing; Ellijay, GA | 222 Highland Xing
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