none
  • 6 Bedrooms
  • 3 Bathrooms
  • 0.03 ac
  • 3,200.00 ft2

Office | 7.00% CAP | 3,200 SqFt

$725,500
1551 Jennings Mill Rd, #1400B, Watkinsville, Georgia (Oconee County)

Property 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

PROPERTY HIGHLIGHTS:

100% leased Commercial Property
7% CAP Rate
Investment Sale

Address: 1551 Jennings Mill Rd, #1400B
Area:
State/County:
Zip: 30677
Country: United States

Property Id: 260461
Price: $725,500
Property Size: 3,200.00 ft2
Property Lot Size: 0.03 ac
Bedrooms: 6
Bathrooms: 3
County: Oconee County
Lot Size (AC): 0.03000
Year Built: 1998
Listing ID: 10089-818600
Office ID: 5260
Listing Address: 1551 Jennings Mill Rd, #1400B, Watkinsville, Georgia 30677

Other Features
Airport
Appliance
Basement
Central Air
Community Activities
Cul de Sac
Deck
Energy Efficient
Fence
Finished Basement
Fireplace
Fireplace Location
Gated
Guest House
Gym/Fitness Center
Handicapped Accessible
Hospital
Hot tub
Large Kitchen
Maintenance Provided
Mineral Rights
New Appliances
Outbuildings
Park
Parking
Patio
Pool
Restaurants/Shopping
Room
School
Security System
Security System/Alarm
Sewer
Sprinkler System
Storage
Storm Shelter/Cellar
View
Water Access
Water Rights
Wine Cellar

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Jake Blickenstaff

United Country Real Estate, LLC - Duluth, GA - Premier Properties
Call Office(833) 886-5263
Call Mobile(404) 281-5002

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Jake Blickenstaff