690 Oglethorpe Ave, Athens, GA
Convenient office space inside the loop, ready for business.
- Added:
- Mar 19, 2025
- Days on Market:
- 475
- Last Refresh:
- May 20 at 8:59 pm
Property Features for 690 Oglethorpe Ave
General Information
- Standard status
- Active
- Size
- 1,380 SF
- Lot size
- 1.27 Acres
- Property subtype
- OFFICE
Listing office Pen Pointe Brokers LLC (404) 425-8949
Listing date Mar 19, 2025
Source Moodyscre
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 Pen Pointe Brokers LLC
HighLights
- Prime location inside the loop, offering exceptional convenience and accessibility.
- Turn‑key office space, ready for immediate occupancy.
- Adaptable layout suitable for various medical or professional uses (previously a dental practice and currently an aesthetics office/spa).
- Existing electrical and plumbing connections in the floor facilitate easy conversion for medical or dental practices.
- Ample parking available within the medical complex.
- Includes a spacious lobby/reception area, multiple patient rooms, bathrooms, a breakroom, and a large office/conference space.
Overview
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 | $33.1k | $24.00 |
| − Vacancy | −$3.3k | −$2.40 |
| EGI | $29.8k | $21.60 |
| − OpEx | −$11.9k | −$8.64 |
| NOI | $17.9k | $12.96 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Firehall 4 Animal Hospital — 815 Hawthorne Ave, Athens, GA 30606
- Dr. Karen Middendorf — 815 Hawthorne Ave, Athens, GA 30606, United States
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.4125
- Latitude
- 33.9632