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Price Reduced - Stabilized Office 997 Commerce Dr SW

13,883 SF 100% Leased Office Building Conyers, GA 30094 £1,154,114 (£83/SF) 8.50% Net Initial Yield

Investment Highlights

  • Owner User Building, Income from tenants, Great location

Executive Summary

High Cap rate. Building is great condition. NOI can improve when last suite is leased.

Attachments

Sale_Brochure

Financial Summary (Actual - 2023) 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 - 2023) 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
Building Size
13,883 SF
Building Class
B
Year Built
1998
Price
£1,154,114
Price Per SF
£83
Net Initial Yield
8.50%
NOI
£98,096
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
4,500 SF
Building FAR
0.27
Lot Size
1.18 AC
Zoning
OI - Office
Parking
43 Spaces (3.1 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Department of HR
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Department of HR - 99,999 SF - Lorem Ipsum -
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PROPERTY TAXES

Parcel Number C12-0-01-0037 Improvements Assessment £375,670
Land Assessment £32,237 Total Assessment £407,907

PROPERTY TAXES

Parcel Number
C12-0-01-0037
Land Assessment
£32,237
Improvements Assessment
£375,670
Total Assessment
£407,907
(404) 242-6500

Contact

  • Listing ID: 28136768

  • Date on Market: 04/04/2023

  • Last Updated:

  • Address: 997 Commerce Dr SW, Conyers, GA 30094

The Office Property at 997 Commerce Dr SW, Conyers, GA 30094 is currently available for sale. Contact KW Realty North Atlanta for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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Price Reduced - Stabilized Office | 997 Commerce Dr SW
(404) 242-6500 x

Price Reduced - Stabilized Office | 997 Commerce Dr SW

Patrick Hallwood, CCIM

(404) 242-6500

(404) 242-6500

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