Property summary
This exceptional investment opportunity presents a five-building Class B office complex totaling 49,000 square feet, situated on an expansive 11.59-acre lot in Athens, Georgia. The property, located at 1040 Founders Blvd, boasts convenient access to Highway 316, Athens 10 Loop, and Epps Bridge Parkway, providing effortless commutes to downtown Athens and the University of Georgia. Constructed in 2000 and 2002, the five buildings—100, 200, 300, 400, and 500—are well-maintained and feature numerous updates. Building sizes vary, with Building 100 (3 stories, 10,341 sq ft) and Building 200 (2 stories, 6,894 sq ft) complemented by three identical three-story buildings (300, 400, and 500) each measuring 10,341 or 10,941 sq ft. Each building includes a dedicated elevator and two restrooms on every floor. The entire complex offers 177 parking spaces. The asking price for the entire 49,000-square-foot complex is $9,000,000 ($183.67/sq ft). Individual building purchases are also possible. The property's strategic location and well-maintained condition make it an attractive investment prospect. The property is also available for lease at $25 per square foot. The zip code is 30606, located in Oconee County.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
O-I-P · Athens, GAZoning
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