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601 North Way
Darien, GA 31305

$519,000 USD

Office Residential For Sale  •  4,811 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 4,811 SF
  • Lot Size 0.14 AC
  • Building Class B
  • Year Built 1968
  • Cap Rate 9.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
59 Walk Score

Description 

Newly renovated office building leased by Government for 7 years starting September 1, 2016.  3,031 sq. ft. with 10 offices on the ground floor;  1,780 sq. ft. with 14 offices on the second floor.  Amenities are reception lobby, reception office, two conference rooms, breakroom/kitchen, 4 restrooms, and a large storage area.  The building is wired for a telephone system, DSL connection in each office with wireless available, 3 TV's, and a security system.  ADA compliant. Lined, on-street parking in front of the building is also available.

Highlights

Just 10 miles North of Brunswick
2 Miles off I-95
Frontage on Main Street by Post Office
Convenient to Brunswick, Savannah Hinesville, and Jesup
Interior fully renovated a few years ago an a new roof added in 2021.
Long term lease with a loyal government tenant

Financial Summary (Actual)

Net Operating Income: $48,000 USD (2023)
Cap Rate: 9.25 %

Major Tenants

Tenant SF Occupied Lease End Date
County Government 4,811 SF 9/30/2023

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Storage Space
  • Central Heating
  • Reception
  • Wi-Fi
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Brunswick Golden Isles 17 min - 10.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Joel Williams 912-266-5317 RE/MAX First Coast
Joel Williams 912-266-5317 RE/MAX First Coast