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1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
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1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
1551 Jennings Mill Road # 1400B
For Sale

1551 Jennings Mill Road # 1400B

1551 Jennings Mill Road # 1400B, Watkinsville, GA 30677

$725,500
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: 6.45% (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

3,200 Sq.Ft. LIVING AREA

1,306.8 Sq.Ft. lot

Jake Blickenstaff

Jake Blickenstaff

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area3,200 Sq.Ft.
  • Total Area3,200 Sq.Ft.
  • Lot Area1,306.8 Sq.Ft.
  • MLS® ID10818600
  • TypeCommercial
  • YEAR BUILT1998
  • NeighborhoodOconee County

Exterior

  • water SourcePublic
  • utilitiesElectricity Available, High Speed Internet, Water Available
  • lot featuresBusiness Park
  • parkingParking Lot
  • HEAT TYPEElectric
  • AIR CONDITIONINGCentral Air
  • sewerSeptic Tank

Financial

  • Sales Price$725,500
  • Real Estate Tax $3,073/yr
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Thank you for your interest in 1551 Jennings Mill Road # 1400B, Watkinsville, GA 30677. We are reviewing your request and will be in touch shortly!

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Let's Talk About Your Property

Whether you're selling a building, leasing space, or looking for your next investment, working with me starts with a simple conversation. I listen to your goals, review the numbers, and give you an honest read on value, timing, and options. From there, I build a marketing and negotiation plan around your priorities and stay involved from first showing to closing day.

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