1618 Mars Hill Rd, Watkinsville, GA 30677
Medical office with reception, multiple exam rooms, and finished upstairs office or record-keeping space.
- Added:
- Mar 31, 2026
- Days on Market:
- 88
- Last Refresh:
- Jun 22 at 2:49 am
Property Features for 1618 Mars Hill Rd
General Information
- Standard status
- Active
- Size
- 5,902 SF
Listing office Kilgore Real Estate Group (706) 255-5894
Listing date Mar 31, 2026
Source Exprealty
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 Kilgore Real Estate Group
HighLights
- Medical office in Windridge Office Park on heavily traveled Mars Hill Rd, with a sign monument visible from the road
- Main level totals 4,260 SF with reception, book‑keeping area, 17 exam rooms/offices, and 5 bathrooms
- Includes exam/office room with leaded sheetrock walls suitable for X‑rays
- Finished upstairs area adds approximately 1,642 SF with an additional bathroom, office/record‑keeping space, and breakroom
- Tenant pays all utilities, insurance, tax, and CAM fees
- Current lease runs through September 30, 2026; occupancy available October 1, 2026
Overview
The building features a sign monument visible to traffic along Mars Hill Road. It is situated in the heart of Oconee’s residential and commercial development, within a heavily traveled corridor. A current lease runs through September 30, 2026, with occupancy available beginning October 1, 2026.
Tenants and buyers will find the property well-suited for healthcare and related professional use, with dedicated exam/office rooms and an X-ray-ready space. The upstairs flexibility supports expansion of an existing practice or the separation of additional administrative functions. Under the current structure, the tenant is responsible for utilities, insurance, tax, and CAM fees.
Local Financial Insights For Healthcare Medical
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 | $141.6k | $24.00 |
| − Vacancy | −$14.2k | −$2.40 |
| EGI | $127.5k | $21.60 |
| − OpEx | −$51.0k | −$8.64 |
| NOI | $76.5k | $12.96 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Woodlands Veterinary Referral — 1020 Woodlands Rd, Watkinsville, GA 30677
Location Insight
- Map
- Local Demand
- City
- Watkinsville
- County
- Oconee
- State
- Georgia
- Longitude
- -83.455204
- Latitude
- 33.885917
