997 Commerce Dr Conyers, GA 30094

This exceptional three-story office building, located at 997 Commerce Dr SW in Conyers, Georgia, presents a compelling investment opportunity. Boasting 13,750 square feet of total space and 12,982 square feet of net rentable area, the property is currently 97% occupied as of May 1, 2023, generating a substantial net operating income (NOI) of $128,900. The asking price is $1,475,000, representing a compelling cap rate of 8.74%. Built in 1998, this Class B building sits on a 1.18-acre lot and is zoned for office use (OI). The property features a mix of executive and traditional office spaces, with six executive suites on the upper floors currently 100% leased. The lease structure is gross, and the tenancy is multi-tenant. The property is ideally suited for an owner-user, particularly a medical or office tenant seeking a first-floor presence. This stabilized investment is offered as a 1031 exchange opportunity. The property's strong occupancy, high cap rate, and excellent location in Rockdale County, Georgia (zip code 30094) make it an attractive proposition for discerning investors. Seller financing may be available.