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1551 Jennings Mill Road, Watkinsville, Georgia

$725,500
Active
1551 Jennings Mill Road, Watkinsville, Georgia
1551 Jennings Mill Road, Watkinsville, Georgia
1551 Jennings Mill Road, Watkinsville, Georgia
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Property Details

MLS ID: 10818600
Status: Active
Price: $725,500
Acres: 0.03±
Type: Commercial
Address: 1551 Jennings Mill Road
City, State: Watkinsville, GA
County: Oconee County
ZIP Code: 30677
Parcel Number: C 01P 014B
SqFt: 3,200
Year Built: 1998

Description

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

Directions: Resource Valley office complex. Pull into the complex off Jennings Mill Rd, take an immediate left until it dead ends, then take a left. Building is on your right, unit 1400 B.

Ryker Carter

Ryker Carter

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of October 30, 2026 at 4:00:03 PM UTC.

Copyright 2026 Georgia MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS. Data last updated October 30, 2026 at 4:00:03 PM UTC.

Listed By: Jacob Blickenstaff of Uc Premier Properties - (404) 281-5002