Commercial Office Near Glynn
1600 UNION ST Brunswick, GA 31520
1600 UNION ST, Brunswick, GA, 31520
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For Sale
Contact for pricing
2,950 SF commercial office space near Glynn County Courthouse.
Property Size2,950 SF
Price / SF$200
Days on Market67
Property Features for 1600 UNION ST
General Information
- Standard status
- Active
- Size
- 2,950 SF
- Property subtype
- Office, Mixed Use
Listing Agency
Driggers Commercial Group Inc
(912) 506-9837
Listed by
Robert Driggers · License #GA 278693
Source
Crexi
Added: May 12 Checked: Jul 16 at 12:56 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Driggers Commercial Group Inc
Investment Insights
Based on property information with market context.
This commercial office space, approximately 2,950 square feet, is located one block from Gloucester Street, offering views of the Glynn County Courthouse and proximity to professional offices and banking institutions. Restaurants and services are within walking distance. The property features a flexible layout that includes 8 offices, a conference room, a large break room, three bathrooms (one ADA compliant), a work room, a reception area, and administrative areas. The property can be divided into two independent office spaces that share an entrance and conference room. On-site parking is available for 8 cars, and there is a small storage building on the property. Additional on-street parking is also available. The owner will consider a lease at a rate of $18 per square foot, NNN.
Key Highlights
- Prime location one block off Gloucester Street
- Flexible layout suitable for various office configurations
- Approximately 2,950 SF with 8 offices, conference room, large break room, and three baths (one ADA compliant)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.3k | $17.40 |
| − Vacancy | −$11.3k | −$3.83 |
| EGI | $40.0k | $13.57 |
| − OpEx | −$10.0k | −$3.39 |
| NOI | $30.0k | $10.18 |
2,950 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$429.0K
$375.4K – $500.5K
NOI $30,028 @ 7.0% cap · market cap 5.09%
Second Best
Mixed Use
$375.5K
$328.6K – $438.1K
NOI $26,285 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$612.2K
$535.7K – $714.3K
NOI $42,857 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ross Innovative Employment ...
Employment Agency
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FAQs
What type of property is this?
Office units - 2,950 SF commercial office space near Glynn County Courthouse.
Where is this office units located?
The property is located at 1600 UNION ST Brunswick, GA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Prime location one block off Gloucester Street; Flexible layout suitable for various office configurations; Approximately 2,950 SF with 8 offices, conference room, large break room, and three baths (one ADA compliant)
