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Miscellaneous

Jonesboro Office

198 Jonesboro Rd, Jonesboro, GA 30236

Listing Price: $1,850,000

Cap Rate
10.72%
Tenant Name
Jonesboro
Years Remaining On Lease
1.1
Gross SF
3,960
Guarantor
No Guarantee
Rentable SF
3,960
Price/Gross SF
$467.17
Lease Type
Tenant at Will
Rent Per Square Feet
$54.85

Investment Overview

Marcus and Millichap is thrilled to introduce an exceptional investment opportunity: the acquisition of a high-yield office/retail condominium in
the thriving city of Jonesboro, GA. This property caters primarily to automotive brokers seeking a dedicated office space to affiliate their
licenses. Remarkably, within a modest 3,900 square feet, this asset generates an impressively high income per square foot.
Strategically positioned within the vibrant Metro-Atlanta area, this asset benefits from its proximity to retail establishments and a dynamic
business environment. Indeed, this investment opportunity is truly unparalleled, offering a cash-on-cash return that is a rare find in today's
market

Investment Highlights

  • Extremely High Cash On Cash Return
  • Strong Demographics of 67,000 in a 3-Mile Radius
  • 100% Occupied

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Miscellaneous

Jonesboro Office

Listing Price: $1,850,000

Cap Rate
10.72%
Tenant Name
Jonesboro
Years Remaining On Lease
1.1
Gross SF
3,960
Guarantor
No Guarantee
Rentable SF
3,960
Price/Gross SF
$467.17
Lease Type
Tenant at Will
Rent Per Square Feet
$54.85

Investment Highlights

  • Extremely High Cash On Cash Return
  • Strong Demographics of 67,000 in a 3-Mile Radius
  • 100% Occupied

Investment Overview

Marcus and Millichap is thrilled to introduce an exceptional investment opportunity: the acquisition of a high-yield office/retail condominium in the thriving city of Jonesboro, GA. This property caters primarily to automotive brokers seeking a dedicated office space to affiliate their licenses. Remarkably, within a modest 3,900 square feet, this asset generates an impressively high income per square foot. Strategically positioned within the vibrant Metro-Atlanta area, this asset benefits from its proximity to retail establishments and a dynamic business environment. Indeed, this investment opportunity is truly unparalleled, offering a cash-on-cash return that is a rare find in today's market

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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