$430,000
$490,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
3,000 SqFt
SOLD DATE : 02/03/2025
Key Details
Sold Price $430,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $143
MLS Listing ID 10388478
Sold Date 02/03/25
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 2001
Annual Tax Amount $7,767
Tax Year 2024
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 1306.8
Property Description
Long-term, tenant occupied office space for sale roughly 45 minutes outside of Atlanta in booming Loganville, Georgia. Property is leased by a large, southeastern based law firm with a little over 2 years left in current lease. With a current cap rate of 7%, at the time of renewal there is the potential of monthly rent increase making cap rate over 8%. For lease terms and more information, give Nathan a call today!
Location
State GA
County Walton
Zoning OI
Interior
Heating Electric
Cooling Electric
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available, High Speed Internet, Phone Available, Water Available
View Y/N No
Garage No
Private Pool No
Building
Lot Description Level
Faces From Lawrenceville/Grayson area take GA-20E to Bay Creek Church Rd and turn left. Then from Bay Creek turn right on to Lee Byrd and complex will be on your left. From Downtown Monroe take Hwy 78 west in to Loganville, turn right on Lee Byrd then complex will be on your right.
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction No
Others
Tax ID LG110119018
Special Listing Condition Resale
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