Skip To Content

1061 Cliff Dawson Road

Watkinsville, GA 30677
  • $5,200,000
  • STATUS: Active Under Contract
  • ON SITE: 43 Days
  • MLS #: 987624
Under Contract
UPDATED: 35 min ago
$5,200,000
  • 0
    BEDS
  • 2.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,000-14,999
    SQFT
  • $418
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:

School Ratings & Info

Description

6.5+ years remaining on the current Lease. Year 1 NOI $346,860 and Cap Rate of 6.67%. Hard to find triple net investment property near Athens, GA. The Stadion building is a single tenant Class A office building conveniently located at 1061 Cliff Dawson Road in the heart of Oconee County. This building was custom built for the tenant in 2006 and was redecorated and updated in 2020. This desirable triple net investment offers a fantastic return with minimal landlord responsibilities. The current lease term runs through December 2028 and offers CPI indexed rent escalations to combat inflation. This tenant is very strong and has a proven track record. This 2-story office building is approximately 12,500SF and features numerous private offices, ample open area workspace with cubicles, a large training room, full kitchen, multiple conference rooms and so much more. There is also an additional building pad that can accommodate another 12,500 square foot office building. This is a fantastic easy to own investment with great long-term benefits. Stadion Money Management was founded in 1993 and is headquartered in Oconee County on the outskirts of Athens, Georgia. Stadion's highly talented team of 40 experts works with financial professionals, asset managers, and recordkeepers to build custom retirement plans and participant level investment solutions. They currently have $2.3 billion in assets under management and over 4,000 plans. Stadion recently joined "Smart, a global retirement technology provider that offers modular ways for financial institutions, including recordkeepers, advisors, and asset managers to build scalable, customized retirement solutions. 1061 Cliff Dawson Road is located just off Mars Hill Road, a main artery into Oconee County. Only 1 mile to shopping and dining at Butler's Crossing and under 3 miles to Downtown Watkinsville. Mars Hill and Cliff Dawson Roads are located just off of the Oconee Connector with easy access to Athens. Less than 20 minutes to Downtown Athens. Athens-Clarke and Oconee Counties are rapidly growing areas of North Georgia with a year over year rise in population. Oconee County has one of the top school systems in the state. Athens-Clarke County is the home of the University of Georgia.

Monthly Payment Calculator



© 2022 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2022-05-20T09:21:13.423.
www.signaturerealestateofathens.com/homes/127427801
Print Image

1061 Cliff Dawson Road Watkinsville, GA 30677

  • Price: $5,200,000
  • Status: Active Under Contract
  • On Site: 43 Days
  • Updated: 35 min ago
  • MLS #: 987624
0
Beds
0
Baths
0
½ Baths
2.55
Acres
10,000-14,999
SQFT
$418
$/SQFT
2006
Built
Neighborhood:
No Recorded Subdivision
County:
Oconee Co.
Area:
08:Watkinsville/Oconee Co.
Property Description
6.5+ years remaining on the current Lease. Year 1 NOI $346,860 and Cap Rate of 6.67%. Hard to find triple net investment property near Athens, GA. The Stadion building is a single tenant Class A office building conveniently located at 1061 Cliff Dawson Road in the heart of Oconee County. This building was custom built for the tenant in 2006 and was redecorated and updated in 2020. This desirable triple net investment offers a fantastic return with minimal landlord responsibilities. The current lease term runs through December 2028 and offers CPI indexed rent escalations to combat inflation. This tenant is very strong and has a proven track record. This 2-story office building is approximately 12,500SF and features numerous private offices, ample open area workspace with cubicles, a large training room, full kitchen, multiple conference rooms and so much more. There is also an additional building pad that can accommodate another 12,500 square foot office building. This is a fantastic easy to own investment with great long-term benefits. Stadion Money Management was founded in 1993 and is headquartered in Oconee County on the outskirts of Athens, Georgia. Stadion's highly talented team of 40 experts works with financial professionals, asset managers, and recordkeepers to build custom retirement plans and participant level investment solutions. They currently have $2.3 billion in assets under management and over 4,000 plans. Stadion recently joined "Smart, a global retirement technology provider that offers modular ways for financial institutions, including recordkeepers, advisors, and asset managers to build scalable, customized retirement solutions. 1061 Cliff Dawson Road is located just off Mars Hill Road, a main artery into Oconee County. Only 1 mile to shopping and dining at Butler's Crossing and under 3 miles to Downtown Watkinsville. Mars Hill and Cliff Dawson Roads are located just off of the Oconee Connector with easy access to Athens. Less than 20 minutes to Downtown Athens. Athens-Clarke and Oconee Counties are rapidly growing areas of North Georgia with a year over year rise in population. Oconee County has one of the top school systems in the state. Athens-Clarke County is the home of the University of Georgia.
Exterior Features

Construction Brick Exterior Brick Foundation Basement Slab Loading Dock No Lot Size Or Acreage 2+ - 3 Parking Spaces 99 Rail Frontage No Structure Office

Interior Features

Air Central Electric Appliances Other-See Remarks Floors Other-See RemarksCarpetWood Green Features 0 Heat CentralElectric Stories Two

Property Features

Amenities None Approx Age 16 Cam Fee No Coa YN No Commercial Type Commercial Sale Documents On File Other-See Remarks Easements No Extras None Lease Yes Lease Option No Lease Purchase No Ownership Owner Sewer City/County Short Sale YN No Sq Ft Source Plans Type Commercial Water City/County

Listing provided courtesy of Nai Elrod Group. © 2022 Multiple Listing Service of the Athens Area Association of REALTORS®.


© 2022 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2022-05-20T09:21:13.423.
 
https://bt-photos.global.ssl.fastly.net/athens/orig_boomver_1_987624-2.jpg https://bt-photos.global.ssl.fastly.net/athens/orig_boomver_1_987624-2.jpg https://bt-photos.global.ssl.fastly.net/athens/orig_boomver_1_987624-2.jpg
Logo
Signature Real Estate of Athens
3149 Atlanta Highway, Suite 4A
Athens GA, 30606