1901 Spg St Monroe, GA 30655-3902
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.
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The Stewart Law Office, LLC Law Firm
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Shannahan Law Firm Law Firm
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Pinnacle Bank Atm Bank
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Jimmy Britt Builders General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Monroe, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.