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3651 Mars Hill Rd
Watkinsville, GA 30677
Bldg 800 · Office Property For Sale
Investment Highlights
- Fully leased — 100% occupancy, 4 suites
- Brick and frame construction, covered entry, shared parking
- The Summit at Mars Hill, Watkinsville
- $7,256.58/month current gross rent
- Built 2007 | O-I-P zoning
- Less than 2 miles to Hwy 316 and Hwy 78
Executive Summary
Property Description: Building 800 at The Summit at Mars Hill is a fully leased office condominium building with 4,692 square feet across two stories in Oconee County. Built in 2007, the building features a brick and frame exterior, covered entry, and ample shared parking — well-maintained and professionally presented, as The Summit at Mars Hill is known for. All four suites are currently occupied, each built out for professional office use, with tenants in place. For an investor, it's a straightforward acquisition — income from day one, no lease-up required.
Location Description: Building 800 is located in The Summit at Mars Hill off Mars Hill Road in Oconee County, less than two miles from both Highway 316 and Highway 78. Downtown Athens is about 10 minutes away, Epps Bridge Centre is just up the road, and Atlanta is roughly an hour via 316. Oconee County continues to be one of the stronger office markets in the Athens area — low vacancy, steady demand, and a professional tenant base that keeps buildings like this occupied.
Location Description: Building 800 is located in The Summit at Mars Hill off Mars Hill Road in Oconee County, less than two miles from both Highway 316 and Highway 78. Downtown Athens is about 10 minutes away, Epps Bridge Centre is just up the road, and Atlanta is roughly an hour via 316. Oconee County continues to be one of the stronger office markets in the Athens area — low vacancy, steady demand, and a professional tenant base that keeps buildings like this occupied.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,692 SF
Building Class
B
Year Built
2007
Price
$1,535,347 CAD
Price Per SF
$327.23 CAD
Cap Rate
6.77%
NOI
$103,977 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,346 SF
Building FAR
2.00
Lot Size
0.05 AC
Zoning
OIP - OIP
Parking
11 Spaces (2.34 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | B02-L0-80 | Improvements Assessment | $391,477 CAD |
| Land Assessment | $47,152 CAD | Total Assessment | $438,629 CAD |
Property Taxes
Parcel Number
B02-L0-80
Land Assessment
$47,152 CAD
Improvements Assessment
$391,477 CAD
Total Assessment
$438,629 CAD
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