Listed by Nichols Land & Investment Company
$950,000
Fully Leased Office Building
Details
Property Type Office
Sub Type Traditional Office
Net Rentable (SqFt) 5,227
Units 1
Tenancy Single
Lease Type Modified
Lease Term 9
Lease Expiration 06/30/2027
Remaining Term 1.1
Year Built 1960
Year Renovated 1998
Buildings 1
Stories 1
Acreage 0.870
Zoning C-O
Parking Spaces 5 per 1,000 sq ft
Investment Type Institutional
Tenant Credit Credit Rated
Lease Commencement 07/01/2018
Office
Marketing description
This property is located on Gaines School Road midway between Cedar Shoals Rd and Lexington Rd/US HWY 78. The site features two curb cut entrances on to Gaines School Road making for easy ingress/egress. Less than one-mile distant to the redeveloped Kroger and Publix anchored retail, shopping and dining district on Barnett Shoals Road which forms the hub of commercial activity in East Athens. One mile north is HWY 78, one of Athens’ major transportation nodes, and Athens Ben-Epps airport. Located close to Hilsman Middle School and Cedar Shoals High School.
Investment highlights
Long term stable tenant with solid cashflow and few landlord responsibilities. No deferred Capex.
Listing Contacts
Listed by Nichols Land & Investment Company
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