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Athens Medical Specialty Park - Building 300 3320 Old Jefferson Rd

14,182 SF Vacant Office Building Athens, GA 30607 $3,300,000 ($233/SF) 5.64% Cap Rate

Investment Highlights

  • Available for Sale or Lease
  • Adjacent Lot #500 Also Available For Sale or Build to Suit
  • Upside for Rents
  • Medical Building for Under $275/ft.

Executive Summary

For Sale or Lease: Building with 14,182 total sqft. comprised of three suites. Suite "A" contains 7,500+/- sqft. of clinical space on the main level that is currently available for Lease or can be occupied by new owner, Suite "B" contains approximately 2,185+/- sqft. of clinical space on main level that is currently leased through 2026 for podiatry office, and Suite "C" contains 3,927+/- sqft. office/administrative space on second level that is also currently available for Lease. Suite A would be ideal for a practice looking to Owner Occupy. Second floor area is currently limited to admin, or other ancillary use by condo covenants and cannot be used for patient treatment (See documents). Athens Medical Specialty Park (AMSP) complex is the development connected to the University Cancer and Blood Center's (UCBC) brand new Comprehensive Cancer Center and only 2.1 miles from Piedmont Athens Regional Hospital. The AMSP is home to several well established local and regional practices and offers you the ability to join an amazing community of industry leading professionals. Adjacent vacant lot 500 is also available For Sale or Build to Suit for a 6000+/-SF facility.

Financial Summary (Actual - 2022) 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 $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) 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 $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,182 SF
Building Class
B
Year Built
2009
Price
$3,300,000
Price Per SF
$233
Cap Rate
5.64%
NOI
$186,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,091 SF
Building FAR
1.42
Land Acres
0.23 AC
Zoning
E-I
Parking
36 Spaces (2.54 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Reception
  • Wi-Fi
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Athens Podiatry
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Athens Podiatry Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,518 SF
  • Office/Medical
  • Full Build-Out
  • Now

Medical Office/clinical space Available for Lease. Unit Available to Occupy August 2024

  • 2nd Floor
  • 3,927 SF
  • Office
  • Full Build-Out
  • Now

Currently built out for medical administrative office to support the medical space on first floor. Available for Pre-Lease. Unit Available to Occupy August 2024

Space Size Space Use Condition Available
1st Floor 7,518 SF Office/Medical Full Build-Out Now
2nd Floor 3,927 SF Office Full Build-Out Now

1st Floor

Size
7,518 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

2nd Floor

Size
3,927 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,518 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Medical Office/clinical space Available for Lease. Unit Available to Occupy August 2024

2nd Floor

Size 3,927 SF
Space Use Office
Condition Full Build-Out
Available Now

Currently built out for medical administrative office to support the medical space on first floor. Available for Pre-Lease. Unit Available to Occupy August 2024

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
111D1-A-003
Land Assessment
$72,000 (2023)
Improvements Assessment
$963,110 (2023)
Total Assessment
$1,035,110 (2023)
  • Listing ID: 29555379

  • Date on Market: 9/19/2023

  • Last Updated:

  • Address: 3320 Old Jefferson Rd, Athens, GA 30607

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