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    250 M.l.k. Jr Blvd Monroe, GA 30655

    Sponsored
    For Lease
    $24 SF/Yr ($19,000 /Mo)

    9,500 SF Office/Retail Building, 1,500 SF Available

    Lot size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A, 9,500-square-foot building, completed in August 2024, offers a 1,500-square-foot retail or office space for lease. Located at 250 M.L.K. Jr Blvd in Monroe, GA 30655, this single-story property sits on 8.41 acres and boasts a prime location with high visibility. The building features ample parking and is conveniently situated near major thoroughfares including Hwy 78, Hwy 11, and Hwy 138. Its strategic location provides easy access to key community destinations such as George Walton Academy and Piedmont Walton Hospital, as well as downtown Monroe. Benefit from a strong traffic count of 24,572 vehicles per day (GDOT data) and a substantial population of 34,398 within a 5-mile radius (esri data). This end-cap unit is ideal for a variety of businesses, including retailers, small restaurants, or office users. An established Tokyo Hibachi Restaurant serves as an anchor tenant. The property's APN is M0020001B00. This is a rare opportunity to secure space in a brand-new building within a thriving community.

    Property Features for 250 M.l.k. Jr Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,500 SF
    Class
    A
    Total Rate
    19000

    Building Details

    Year Built
    2024
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $24

    HighLights

    • 9,500‑square‑foot Class A building completed August 2024.
    • 1,500‑square‑foot retail/office space available for lease at 250 M.L.K. Jr Blvd, Monroe, GA 30655.
    • Single‑story building on 8.41 acres with high visibility and ample parking.
    • Prime location near Hwy 78, Hwy 11, Hwy 138, George Walton Academy, and Piedmont Walton Hospital.
    • Strong traffic counts (24,572 VPD) and population density (34,398 within 5 miles).
    • End‑cap unit, ideal for retail, restaurants, or office users; anchored by Tokyo Hibachi Restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Walton
    State
    Georgia
    Longitude
    -83.74553616859
    Latitude
    33.791684784312

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    FAQs

    What type of property is this?
    Office Property / Space - 9,500 SF Office/Retail Building, 1,500 SF Available
    Where is this office property / space located?
    The property is located at 250 M.l.k. Jr Blvd Monroe, GA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 9,500-square-foot Class A building completed August 2024.; 1,500-square-foot retail/office space available for lease at 250 M.L.K. Jr Blvd, Monroe, GA 30655.; Single-story building on 8.41 acres with high visibility and ample parking.
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    250 M.l.k. Jr Blvd Monroe, GA 30655
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    Monroe, GA 30655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 M.l.k. Jr Blvd Monroe, GA 30655
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