1551 Jennings Mill Rd - Medical FOR SALE


Watkinsville, GA 30677
$725,500 USD
404-281-5002
1551 Jennings Mill Rd, Watkinsville, GA for Sale
$725,500 USD
Medical - FOR SALE
1/24
null | 7% Cap Rate

NEW


1551 Jennings Mill Rd
Watkinsville, GA 30677


HIGHLIGHTS

  • 100% leased to a single tenant — ~4.5 years remaining on a 5-year term
  • 4% annual rent escalations built in — contractual NOI growth every year
  • Passive, low-management single-tenant investment

OVERVIEW

Office | 7.00% CAP | 3,200 SqFt Marketing description Now offered for sale as a stabilized, income-producing investment, this 3,200 SF Class B professional office unit is 100% leased to a single tenant in a highly desirable Watkinsville location. Positioned along Jennings Mill Road, just minutes from Epps Bridge Parkway, GA 316, and downtown Athens, the property provides excellent access to major corridors, strong visibility, and proximity to retail, dining, and residential growth in Oconee County. Unit 1400B spans three levels — a 1,200 SF lower level and 2,000 SF across the main and second floors — featuring flexible layouts, modern finishes, and ample natural light. The in-place tenant has approximately 4.5 years remaining on a 5-year lease with 4% annual rent escalations already built in, delivering secure, growing cash flow from day one with meaningful upside for an investor over the lease term and beyond, in one of the region's more desirable office markets. Full lease abstract and financials available upon request. Investment highlights List Price: $725,500 Cap Rate: 7.0% (based on Year 1 NOI) Year 1 NOI: $50,784 100% leased to a single tenant — ~4.5 years remaining on a 5-year term 4% annual rent escalations built in — contractual NOI growth every year In-place rent: $15.87/SF/YR + TICAM + utilities (TICAM = $4.23/SF/YR reimbursed by tenant) Passive, low-management single-tenant investment

FOR SALE DETAILS

PRICE

$725,500 USD

PRICE/SF

$131 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Unit 1400B

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

B-1-PUD

APN/PARCEL ID

C-01P-030-A,C-01P-030-B,C01-P0-01CA,C01-P0-05B,C01-P0-29B,C01-P0-30A

ASK ABOUT THIS PROPERTY

Jake Blickenstaff, CCIMUC Premier Properties First TeamMore Info
404-281-5002

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Jake Blickenstaff, CCIMUC Premier Properties First TeamMore Info
404-281-5002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.