1551 Jennings Mill Road #1400B, Watkinsville, GA 30677
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For Sale

1551 Jennings Mill Road #1400B

Watkinsville, GA 30677

Offered at$725,500

About the home.

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

Listing courtesy of UC Premier Properties.

Details

Price per sq ft$227
HOANone listed
Property taxes$3,073/yr
SewerSeptic
  • Heating Electric heat pump
  • Air conditioning Yes
  • Water / sewer Public water · Septic Tank
  • Neighborhood Resource Valley
  • County Oconee County
  • Taxes $3,073 (25)
  • Listed Jul 31, 2026 · 85 days on market
  • Georgia MLS # 10818600

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    Stephen Molloy

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    Stephen Molloy REALTOR® · Georgia Move Realty 706.995.7282 stephen@georgiamove.com

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    Listing courtesy of UC Premier Properties. Listing information from Georgia MLS, updated Sep 8, 2026. Information deemed reliable but not guaranteed; buyers and buyer's agents should verify all details. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Equal Housing Opportunity.