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201 Business Park Dr
Rincon, GA 31326
Office Property For Sale
Executive Summary
Prime Investment Opportunity in thriving Rincon, GA location with frontage and visibility along Highway 21 with over 33,000 vehicles passing daily
3-story professional building constructed in 2005 and fully leased by 5 tenants. Renewal options have lease escalations. Opportunity to increase below-market rents over time.
Adjacent .78 Acre lot/development site also available, asking $250,000
3-story professional building constructed in 2005 and fully leased by 5 tenants. Renewal options have lease escalations. Opportunity to increase below-market rents over time.
Adjacent .78 Acre lot/development site also available, asking $250,000
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,223 SF
Building Class
B
Year Built
2005
Price
$2,717,758 CAD
Price Per SF
$242.16 CAD
Cap Rate
7.07%
NOI
$192,238 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,314 SF
Slab To Slab
14’
Building FAR
0.33
Lot Size
0.77 AC
Zoning
B-2 - Business commercial
Parking
35 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 0465F-00000-001-000 | Improvements Assessment | $129,214 CAD |
| Land Assessment | $27,029 CAD | Total Assessment | $156,243 CAD |
Property Taxes
Parcel Number
0465F-00000-001-000
Land Assessment
$27,029 CAD
Improvements Assessment
$129,214 CAD
Total Assessment
$156,243 CAD
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