340 Commerch Blvd., Athens, GA
Business Park for Sale - $4,475,000 - 43,200 Sq. Ft.
Agent Info
Tom Edge |
Property Info
CIMLS# | 1178634 |
Location 340 Commerch Blvd. Athens GA 30606 | |
Updated | July 12th, 2025 |
Type | Business Park |
Price | $4,475,000 |
Building | 43,200 Sq. Ft. |
Property Description
Consist of Three Buildings with a combined square footage of 43.200 sq. ft. on 15 acres of property with approximately 7 acres of remaining developable property. located in Athens, GA with great access to Hwy's. 316 to Atlanta, Hwy. 78 & Atlanta Hwy. the anchor building of the property is 15 years old with the other two buildings coming on line in 2023 & 2024. The buildings are all built with a basement warehouse with an office above, each unit is 1,800 sq Ft. Above & below in the warehouse. The buildings are pre-engineered steel with decorative stucco front with a brick wainscot & columns dividing each unit. very attractive!
Financials
The property is 92% occupied with all recent (within the last 1 1/2 years) leases as Triple Net with 3 & 5 year lease terms & a 2 1/2% rent & CAM Fee escalation annually. The Monthly income is approximately $32,000.00.