405 Gaines School Rd
Athens, GA 30605
$750,000

405 Gaines School Rd
Athens, GA 30605
$750,000
1955
Year Built
1.03
Acres
0
Days Listed
A 4,664 SF multi-tenant office building on 1.089 acres at the corner of Gaines School Road and Ponderosa Drive in east Athens, fully leased across six suites to health care, wellness and professional service users. In-place net operating income is $51,811. At $750,000 that is a 6.91% cap rate and $160.81 per square foot. Suites run from roughly 250 to 2,700 SF, with a weighted average remaining lease term of about 3.0 years. Leases are gross. Operating expenses run 32.0% of gross income, or $5.24 per square foot. Rent roll, lease abstracts and operating detail are available to qualified buyers under a confidentiality agreement.
School Zones
Clarke County School District
Rating: 6/10Serving Athens-Clarke County with a diverse range of programs including magnet and STEM schools.
High School Zones
This district has multiple attendance zones. The assigned school depends on the specific address.
Middle Schools
Elementary Schools
Schools are a top factor for homebuyers. Dean can help you find the perfect home in your preferred school zone.
Call Dean.jpg&w=256&q=75)
Dean Bright
Athens Elite Real Estate
Ready to see this property? Schedule a private showing or call Dean directly.
Call: 706-340-1701Schedule a Tour
We can also show you similar properties that might be a great fit.


