Social Circle Georgia 4,198/SF Office Building for Lease – $2500 Rent

Office Building for Lease:
4,198/SF
Two-Level

Rent is $2,500 monthly.
Real Estate Taxes are $250 monthly.

The subject property, as referenced above, the property is located in southern Walton County within the City of Social Circle along the southeastern side of N. Cherokee Road just northeast of the intersection with Holly Street. The subject consists of three contiguous tax parcels totaling 7.112 acres and is further identified as tax parcel numbers SC140150, SC140120, and SC140151. The subject contains a retail strip center, a Victorian-style house converted to office use, and a larger former Victorian-style house converted to a family restaurant and a gift shop. The collective improvements are known as Blue Willow Village and have a total of 37,759 square feet of net rentable area.

The total subject property consists of three components, or tracts, which area recorded as three different tax parcels and known as two street addresses; 264 N. Cherokee Road and 294 N. Cherokee Road. Tract 1, 264 N. Cherokee Road is a 0.862-acre parcel improved with a 1905 vintage, 4,198 square-foot single family home converted to an office uses. Tracts 2 and 3 are known by the street address 294 N. Cherokee Road. Tract 2 is a 2.408-acre parcel fronting along N. Cherokee Road and is improved with two structures; a two-story 7,581 square-foot restaurant building on a full basement that was originally constructed and used as a single-family home and a 1,480 square-foot retail building currently used as a gift shop. Tract 3 is a 3.842-acre tract and is situated behind Tract 2 but has frontage along N. Dogwood Road. It is improved with a retail strip shopping center with a total of 24,500 square feet in two buildings and is currently configured for occupancy by 9 tenants. The functional utility of the property is good based upon a comparison of similar properties in the market area.