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For Sale

1551 Jennings Mill Rd 1400B

Watkinsville, GA 30677

$725,500

1551 Jennings Mill Rd 1400B - Photo 1
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3,200

Sq Ft

1998

Year Built

0.03

Acres

0

Days Listed

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

School Zones
Premier District

Oconee County Schools

Rating: 9/10

Consistently ranked among the top school systems in Georgia with exceptional test scores and graduation rates.

High School Zones

This district has multiple attendance zones. The assigned school depends on the specific address.

North Oconee High School9/10
Oconee County High School8/10

Middle Schools

Malcom Bridge Middle School9/10
Oconee County Middle School8/10

Elementary Schools

Malcom Bridge Elementary9/10
Oconee Primary School8/10
Colham Ferry Elementary8/10
Rocky Branch Elementary9/10

Schools are a top factor for homebuyers. Dean can help you find the perfect home in your preferred school zone.

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Dean Bright

Dean Bright

Athens Elite Real Estate

24+ Years Experience

Ready to see this property? Schedule a private showing or call Dean directly.

Call: 706-340-1701

Financial Details

HOA1134/mo
Price / Sq Ft$227

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