Bldg 18 | 401-413 Creekstone Rdg
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Bldg 18 401-413 Creekstone Rdg
8,956 SF 100% Leased Office Building Woodstock, GA 30188 £1,332,114 (£149/SF) 6.53% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Each office suite is currently 100% leased with 2-4% annual base rent escalation, ensuring a steady revenue stream.
- Easy access to HWY 92 and HWY 575, making it ideal for business seeking accessibility.
- All units are recently renovated with new paint, flooring and lighting.
EXECUTIVE SUMMARY
Don't miss out on this excellent investment opportunity in a high-demand area that is close to Downtown Woodstock! This property is a one-story office building with a basement consisting of 8,800 +- Sq Ft of office space, it includes FOUR OFFICE suites, each with its own office rooms, reception area, conference room, kitchen and eating area, two baths and storage space and approx. 2,200 Sq Ft. All units are recently renovated with new paint, flooring and lighting. Each office suite is currently 100% leased with 2-4% annual base rent escalation, ensuring a steady revenue stream. Please, contact the listing agent to ask questions about the lease rates, annual expenses to the Landlord, etc. The CAM is $400 per month, paid by tenants and includes: normal water/sewage use, trash, interior sprinkler maintenance, lot and landscape maintenance and replacement insurance on the exterior of the building. The location is incredibly convenient, providing easy access to HWY 92 and HWY 575, making it ideal for business seeking accessibility. The property has 18 dedicated parking spaces. Don't miss out on this prime commercial property, offering both stability and growth potential. DO NOT DISTURB THE TENANTS!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,956 SF
Building Class
C
Year Built/Renovated
1999/2022
Price
£1,332,114
Price Per SF
£149
Net Initial Yield
6.53%
NOI
£86,960
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
8,956 SF
Building FAR
0.50
Lot Size
0.41 AC
Zoning
GC - General Commpercial
Parking
18 Spaces (2.01 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Central Heating
- Natural Light
- Air Conditioning
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £193,962 | |
| Land Assessment | £124,066 | Total Assessment | £318,028 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£124,066
Improvements Assessment
£193,962
Total Assessment
£318,028
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Bldg 18 | 401-413 Creekstone Rdg
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