413 CREEKSTONE RDG Woodstock GA 30188-3746

Professional and drone photography coming soon

NO SIGN ON THE PROPERTY.

You may not under any circumstances visit the property without the listing agent present.

Please call to set up an appointment to view. If you have an agent your agent must also be present at the initial showing.

DO NOT DISTURB THE TENANTS.

The property is a 2-story office building consisting of 8,800 +- Square Feet with 4 office suites.

Each suite is approx. 2,200 SF.

Each office suite is fully leased. The building is 100% leased with 4 tenants.

The building was recently renovated with New Paint, New Flooring, and New Lighting.

Please call the listing agent to ask questions about the lease rates, etc.

CAM is $400 per month.

The CAM is being paid by each tenant.

The CAM includes normal water/sewer use, normal trash, interior sprinkler maintenance, parking lot maintenance, landscape maintenance, and replacement insurance on the exterior the building.

*All Suites are fully leased.*

Suite #401: Base Rent: $2200.00 per month + $400 CAM = $2600.00 Per month. Annual Rents for Suite 401: $31,200. Lease is for 36 months with a start date of 12/1/22. 3% annual base rent escalations in yr 2 and 3. Suite

Suite #405: Base Rent: $2,040.00 per month + $400 CAM = $2,440.00 per month. Annual Total Rents for suite #405: $29,280. Tenant has 18 months left on the lease. 2% annual base rent escalation. Suite

Suite #409: Base Rent: $2,200.00 per month + $400 CAM = $2,600.00 per month. Annual Total Rents for Suite #409: $31,200.00. Tenant has 28 months left on the lease. 4% annual escalations on the base rent. Tenant also has a 24-month option to renew the lease with escalations in Yr. 4 & 5.

Suite 413: Base Rent: $2,200.00 per month + $400 CAM = $2600.00 total rents per month. Annual Total Rents for Suite 413: $31,200. Tenant has 18 months left on the lease. 4% annual escalations on the base rent.

**The total Annual Gross Rents are $122,880.00 for the entire building.

The annual expenses to the Landlord are: Taxes (approx. $10,000.00), CAM: $19,200.00, Maintenance: $2,000.00, Leasing Fees: $2,880.00.

The CAM includes: water/sewer use, trash, parking lot maintenance, landscaping maintenance, interior sprinkler maintenance, and replacement insurance on the exterior of the building.

The annual NOI: $88,800.00.