For Sale
$495,000

141 Lee Byrd RdLoganville, GA 30052

Prime Loganville Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3,900 square foot office building, located at 143 Lee Byrd Rd, Loganville, GA 30052, presents a compelling investment opportunity. The property, built in 2001, is classified as a Class B building and features a single tenant currently occupying the entire space. The building is zoned O/I and boasts a strong 100% occupancy rate, generating a substantial net operating income (NOI) of $35,500, resulting in an attractive 7% cap rate. The current lease agreement with a large, southeastern based law firm has a little over two years remaining. This provides immediate cash flow with the potential for significant rent increases upon lease renewal, potentially boosting the cap rate beyond 8%. The property's location in the thriving Loganville market, approximately 45 minutes from Atlanta, offers excellent accessibility and growth potential. This is a turnkey investment ideal for those seeking a stable, high-return commercial property in a rapidly developing area. The property is offered for sale by owner at $495,000. Detailed financial information and lease terms are available upon request.

Property Details for 141 Lee Byrd Rd

Property type
Office properties, Medical offices
Square Feet
3,900 SF
Class
B
Year Built
2001
Units
1

Location Insight

City
Loganville
County
Walton
State
Georgia
Latitude
33.834205509666
Longitude
-83.882645752984
141 Lee Byrd Rd, Loganville, Georgia

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141 Lee Byrd Rd
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