Office at 1551 Jennings Mill Rd 1400B, Watkinsville
Office at 1551 Jennings Mill Rd 1400B, Watkinsville, photo 2 of 7
Office at 1551 Jennings Mill Rd 1400B, Watkinsville, photo 3 of 7
Office at 1551 Jennings Mill Rd 1400B, Watkinsville, photo 4 of 7
Office at 1551 Jennings Mill Rd 1400B, Watkinsville, photo 5 of 7
Office at 1551 Jennings Mill Rd 1400B, Watkinsville, photo 6 of 7
Office at 1551 Jennings Mill Rd 1400B, Watkinsville, photo 7 of 7
7 photos

$725,500

1551 Jennings Mill Rd 1400B
Watkinsville, GA 30677
Listed by Jacob Blickenstaff · Virtual Properties Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
3,200 sqft
Year built
1998

About this home

Now offered for sale as a stabilized, income-producing investment, this 3,200 SF Class B professional office unit is 100% leased to a single tenant in a highly desirable Watkinsville location. Positioned along Jennings Mill Road, just minutes from Epps Bridge Parkway, GA 316, and downtown Athens, the property provides excellent access to major corridors, strong visibility, and proximity to retail, dining, and residential growth in Oconee County. Unit 1400B spans three levels - a 1,200 SF lower level and 2,000 SF across the main and second floors - featuring flexible layouts, modern finishes, and ample natural light. The in-place tenant has approximately 4.5 years remaining on a 5-year lease with 4% annual rent escalations already built in, delivering secure, growing cash flow from day one with meaningful upside for an investor over the lease term and beyond, in one of the region's more desirable office markets. Full lease abstract and financials available upon request. Investment highlights List Price: $725,500 Cap Rate: 7.0% (based on Year 1 NOI) Year 1 NOI: $50,784 100% leased to a single tenant - ~4.5 years remaining on a 5-year term 4% annual rent escalations built in - contractual NOI growth every year In-place rent: $15.87/SF/YR + TICAM + utilities (TICAM = $4.23/SF/YR reimbursed by tenant) Passive, low-management single-tenant investment

Property details

MLS
Hive MLS
MLS #
CL361905
Property type
Office
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
4
Lot size
0.03 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Timothy Elementary School
1.51 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
533
Student:teacher ratio
10.3:1
District
Clarke County
Middle
Malcom Bridge Middle School
2.38 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,046
Student:teacher ratio
16.6:1
District
Oconee County
High
Classic City High School
4.14 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
30
Student:teacher ratio
10.0:1
District
Clarke County

Walkability

Blended score for Watkinsville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

41
Somewhat walkable
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,519/mo
$145,100 down
$580,400 loan
Principal & interest$3,764
Property tax (est.)$605
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.