USAGAWatkinsville1400B-1551 Jennings Mill Rd
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New
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$725,500

For Sale

3 days ago

1400B - 1551 Jennings Mill Rd, Watkinsville, GA

House

MLS® CL361905

0 Bed

0 Bath

3200 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 3200 sqft
Garage 
Taxes 
Days Active 3
Lot Size 0.03 Acres
Approx. Age 1998
Avg. Price Per Sqft $226
MLS® Number CL361905

Property Address: 1400b-1551 Jennings Mill Rd, Watkinsville, GA, 30677

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberCL361905
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1998
BasementPartially Finished
Driveway
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$725,500List Price
  • Commute

Commute

Starting Address
Destination Address
1551 Jennings Mill Rd, Watkinsville, GA

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