For Sale
$650,000

1255 Commercial DrConyers, GA 30094

Prime location, high-return potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Conyers, GA medical office building presents a compelling investment opportunity. Located at 1255 Commercial Dr SW, this single-story, all-brick building, constructed in 2001, offers 5,103 square feet on a 1-acre lot with 14 parking spaces. The property features two units, currently at 50% occupancy with a lease expiration date of June 22, 2024. One unit, Suite B (2,550 net rentable square feet), is vacant and ideally suited for medical use, boasting four to five exam rooms (four with sinks and cabinets), two potential triage/lab rooms, a spacious reception area, a waiting room, four restrooms (one with a walk-in shower), and a large private office with its own restroom. An additional rear room offers versatile space. The building benefits from a modified lease type with credit-rated tenants and a 3% annual rent bump. The property is zoned OI and is conveniently situated near Interstate 20 and Old Town Conyers, offering easy access to major transportation routes and a vibrant commercial district. The asking price is $650,000, representing a price per square foot of $127.38. This turnkey investment offers strong potential for immediate income and long-term growth. The property's prime location, functional layout, and attractive features make it an ideal acquisition for savvy investors seeking a high-return medical office property in a thriving market. The APN is C11001001L.

Highlights

  • 5,103 SF single-story medical office building on a 1-acre lot in Conyers, GA.
  • Building features two suites, currently 50% occupied, with a lease expiring June 22, 2024.
  • Vacant Suite B (2,550 RSF) is ideal for medical use, including 4-5 exam rooms, 2 potential triage/lab rooms, reception area, waiting room, 4 restrooms (one with shower), and a large private office with its own restroom.
  • Located near I-20 and Old Town Conyers, offering excellent access to transportation and amenities.
  • Priced at $650,000 ($127.38/SF), with a modified lease, credit-rated tenants, and a 3% annual rent increase.

Property Details for 1255 Commercial Dr

Property type
Office properties, Medical offices
Square Feet
5,103 SF
Year Built
2001
Buildings
1
Stories
1
Units
2

Location Insight

City
Conyers
County
Rockdale
State
Georgia
Latitude
33.656733019909
Longitude
-84.021099054552
1255 Commercial Dr, Conyers, Georgia

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1255 Commercial Dr
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