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Investment Highlights
- Two Fully Leased Buildings
- 7.31% cap rate
- Long-term government backed lease
Executive Summary
Fully leased, income-producing commercial property portfolio consisting of two buildings totaling 22,800 square feet and a separate parcel providing dedicated parking and outdoor storage. Totalling approximately 6.85 acres, the property is anchored by a long-term, state-funded tenant, providing stable cash flow.
Built in 1988, the two buildings—measuring 10,000 SF and 12,800 SF respectively—are fully occupied by a strong tenant mix, including the Georgia Department of Public Health, All American Plumbing, and Access Point of Georgia. These tenants offer a combination of government-backed stability and established local service providers.
Includes:
Building 183: 12,800 SF
Building 189: 10,000 SF
203: Land only-parking & outdoor storage for 189
Built in 1988, the two buildings—measuring 10,000 SF and 12,800 SF respectively—are fully occupied by a strong tenant mix, including the Georgia Department of Public Health, All American Plumbing, and Access Point of Georgia. These tenants offer a combination of government-backed stability and established local service providers.
Includes:
Building 183: 12,800 SF
Building 189: 10,000 SF
203: Land only-parking & outdoor storage for 189
Data Room Click Here to Access
Taxes & Operating Expenses (Pro Forma - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Cap Rate | 7.31% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 22,800 SF |
| Status | Active | Total Land Area | 7.87 AC |
| Number of Properties | 3 |
| Cap Rate | 7.31% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,800 SF |
| Total Land Area | 7.87 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 183 Paradise Blvd, Athens, GA 30607 | Industrial | 12,800 SF | - | - |
| 189 Paradise Blvd, Athens, GA 30607 | Industrial | 10,000 SF | - | - |
| 203 Paradise Blvd, Athens, GA 30607 | Land | 2.06 AC | - | - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Fully Leased Portfolio AthensGA
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