3,200 sqft

$725,500

1551 Jennings Mill Rd 1400B, Watkinsville GA, 30677

Price per sqft$226.72

Built in1998

Property size3,200 sqft

Property typeCommercial

Overview

Active

Listed Aug 4, 2026

Updated 3 weeks ago

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

Additional information

MLS^® ID: CL361905

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.03 Acres

Other Property Details

Association Fee Frequency: Monthly

Also listed on GAMLS / MLS

Courtesy of Virtual Properties Realty with Jacob Blickenstaff,
Listing Contact: (404) 281-5002

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 3:12 AM UTC, 8/20/2026. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Dwell Real Estate shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Hive MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Hive MLS will not be liable for any damage or loss resulting from the use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Hive MLS.

Data last updated 3:12 AM UTC, 8/20/2026