1901 Spg St Monroe, GA 30655-3902

Property Details for 1901 Spg St

Year built

2007

Construction

STEEL FRAME

Lot size

2.05 lot acres

Property size

15,522 SF

Zone code

B3

Property type

Banks

APN

M0010-019

APU

M0010019

Description

This exceptional 15,500-square-foot office building presents a unique investment opportunity in Monroe, Georgia. Situated on a 2.05-acre lot at the highly visible intersection of Highway 138 and West Spring Street, this two-story building offers excellent visibility and accessibility. Constructed in 2007, the property is zoned B-3 and features a single building. The first floor, approximately 7,750 square feet, is currently occupied by Pinnacle Bank under a proposed 10-year leaseback agreement. This provides immediate and stable income potential. The second floor, also 7,750 square feet, is available for lease, offering further revenue generation opportunities. The property benefits from a prime location surrounded by a thriving retail environment, including major retailers such as Walmart, Tractor Supply, and Home Depot, as well as popular restaurants like Chick-fil-A, Longhorn Steakhouse, and Applebee's. This strategic location ensures high traffic and visibility, making it an ideal investment for both immediate income and long-term growth. The property's size, location, and existing leaseback agreement make it a compelling investment opportunity in a rapidly growing market. This is a rare chance to acquire a well-situated, income-producing asset in a desirable location.

Location Insight

City

Monroe

County

Walton

State

Georgia

Longitude

-83.7425

Latitude

33.7941

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments