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198 Jonesboro Rd
Jonesboro, GA 30236

Office Property For Sale

Investment Highlights

  • Growing economy in Jonesboro
  • Historical low vacancy
  • Located off a main road headed into the heart of Jonesboro

Executive Summary

Marcus and Millichap is thrilled to introduce an exceptional investment opportunity: the acquisition of a high-yield office/retail condominium in the thriving city of Jonesboro, GA. This property caters primarily to automotive brokers seeking a dedicated office space to affiliate their licenses. Remarkably, within a modest 3,900 square feet, this asset generates an impressively high income per square foot. Strategically positioned within the vibrant Metro-Atlanta area, this asset benefits from its proximity to retail establishments and a dynamic business environment. Indeed, this investment opportunity is truly unparalleled, offering a cash-on-cash return that is a rare find in today's market.

PROPERTY FACTS

Property Type Office
Property Subtype
Office/Residential
  • Office Office Live Work Unit
Building Class B
Lot Size 0.72 AC
Rentable Building Area 3,900 SF
No. Stories 1
Year Built 1980
Parking Ratio 3.08/1,000 SF
APN / Parcel ID 12-048C-00A-001B

zoning

Zoning Code C
C
  • Listing ID: 29904272

  • Date on Market: 10/27/2023

  • Last Updated:

  • Address: 198 Jonesboro Rd, Jonesboro, GA 30236

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