$820,000
8218 Hazelbrand Rd Covington Ga 30014
Details
APN C002000030009000
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 4,200
Net Rentable (SqFt) 4,200
Units 15
Cap Rate 6.22%
NOI $51,000
Tenancy Multi
Lease Type Gross
Lease Term 1
Lease Expiration 06/01/2026
Price per SqFt $195
Broker Co-Op No
Year Built 1987
Year Renovated 2023
Stories 2
Lot Size (SqFt) 14,375
Zoning Commerical
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 06/06/2025
Sale Condition For sale by owner
Office | 6.22% CAP | 4,200 SqFt
Marketing description
Newly renovated standalone commercial building ideally located near Piedmont Newton Hospital and just minutes from the vibrant downtown area of Covington. This versatile property offers modern updates while maintaining classic charm, making it well-suited for a variety of professional or service-oriented uses. Convenient access, strong surrounding growth, and proximity to local amenities make this an excellent opportunity for owner-users or investors alike.
Investment highlights
The City Covington vision supports higher-density, mixed-use development (retail + office + residential)
Opportunity to reposition assets for:
- Office or medical use
- Retail/service tenants
- Live-work or mixed-use conversion
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,000.00
$4,250.00/mo
Valuation Metrics
0
DSCR
6.22%
Cap Rate
6.22%
ROI
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