# 1551 Jennings Mill Rd #1400B, Watkinsville, GA 30677 > **TL;DR:** commercial, $725,500 ($227/sqft), built 1998, 3,200 sqft. > A/C, 4-car garage. Est. $5,015/mo. Listed 94 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $725,500 | | Price/sqft | $227 | | Square Feet | 3,200 | | Year Built | 1998 | | Lot Size | 1,307 sqft (0.03 acres) | | Stories | 3 | | Garage | 4-car | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 94 | ## Why This Home Stands Out - **Large Garage** - 4-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,669 | | Estimated Insurance | $212 | | HOA | $1,134 | | **Total** | **$5,015** | ## Key Amenities - A/C - 4-car garage ## Property Highlights - Built in 1998 - 0.03 acre lot - 3 stories - 4 parking spaces ## Description ### Agent Description 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 ## Location - **Address:** 1551 Jennings Mill Rd #1400B, Watkinsville, GA 30677 - **County:** Oconee Co. - **Coordinates:** 33.92272, -83.465493 - **Google Maps:** https://www.google.com/maps?q=33.92272,-83.465493 ## Listing Agent - **Name:** Jacob Blickenstaff · **License:** 384940 - **Brokerage:** Virtual Properties Realty - **Broker Phone:** 7704955050 ## Photos ![1551 Jennings Mill Rd #1400B - Photo 1](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f575123881r.jpg) ![1551 Jennings Mill Rd #1400B - Photo 2](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f121290207r.jpg) ![1551 Jennings Mill Rd #1400B - Photo 3](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f2950885881r.jpg) ![1551 Jennings Mill Rd #1400B - Photo 4](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f684519299r.jpg) ![1551 Jennings Mill Rd #1400B - Photo 5](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f1887447846r.jpg) ![1551 Jennings Mill Rd #1400B - Photo 6](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f3123744919r.jpg) ![1551 Jennings Mill Rd #1400B - Photo 7](http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f2077355118r.jpg) --- **MLS#:** CL361905 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6#listing", "url": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6", "name": "1551 Jennings Mill Rd #1400B, Watkinsville, GA 30677", "description": "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", "image": [ "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f575123881r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f121290207r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f2950885881r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f684519299r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f1887447846r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f3123744919r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f2077355118r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f575123881r.jpg", "caption": "1551 Jennings Mill Rd #1400B - Watkinsville, GA" }, "datePosted": "2026-07-31", "dateModified": "2026-10-31T08:23:40.741Z", "mainEntity": { "@type": "Place", "@id": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6#property", "name": "1551 Jennings Mill Rd #1400B, Watkinsville, GA 30677", "address": { "@type": "PostalAddress", "streetAddress": "1551 Jennings Mill Rd #1400B", "addressLocality": "Watkinsville", "addressRegion": "GA", "postalCode": "30677", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 33.92272, "longitude": -83.465493 }, "image": [ "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f575123881r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f121290207r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f2950885881r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f684519299r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f1887447846r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f3123744919r.jpg", "http://lh.rdcpix.com/5dae30d0c8a9f53ffe5a3cec7017b030l-f2077355118r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "CL361905" }, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Central, Electric (Heating)" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air, Electric" }, { "@type": "LocationFeatureSpecification", "name": "Appliances", "value": "Electric Water Heater" }, { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Brick" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.03 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 3 }, { "@type": "PropertyValue", "name": "Parking Spaces", "value": 4 }, { "@type": "PropertyValue", "name": "Garage Spaces", "value": 4 }, { "@type": "PropertyValue", "name": "Unit Number", "value": "1400B" }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Office" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6#offer", "url": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6", "price": 725500, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6#agent" } }, "provider": { "@type": "Person", "@id": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6#agent", "name": "Jacob Blickenstaff", "worksFor": { "@type": "Organization", "@id": "https://staging.propertysimple.ai/listing/1551-jennings-mill-rd-watkinsville-ga-30677-e9c93e7457d24a869c73efa6ba230ab6#brokerage", "name": "Virtual Properties Realty", "telephone": "7704955050" } } } ```