60 W Highway 22 Milledgeville, GA 31061


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60 West Highway 22 (Blandy Way)

Listing ID 1588
Sale or Lease SALE
Property Type OFFICE
Property Use Investment Property
Property SubType MEDICAL OFFICE
Status ACTIVE
Price $2,700,000.00
Total Building Size SqFt. 27000
Total Lot Size - Acres 2.32
Days On Market 3
County Baldwin
Year Built 1941

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60 W Highway 22 Milledgeville, GA 31061

Property Description
Great investment opportunity! This ±27,00 SF building on 2.32 acres is currently leased to River Edge Behavioral Center, serving more than 10,000 Georgians annually. Tenant spent $1,000,000 when initially leased in 2013 and spent $100,000 in upgrades in 2020. January rent is currently at $19,420.32 per month, with a 3% increase in rent annually. Call Agent for financial information

Location Description
Property is conveniently located off Highway 441 and is approximately 3 miles from downtown Milledgeville. Neighboring businesses include Baldwin County Recreation Department, Heart of Georgia Animal Care, Oconee Concrete, Central Georgia Technical College, Lakeview Academy, Baldwin County of Education, and more.


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Brochure

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Highlights

  • Great investment opportunity
  • Long-standing tenant
  • Excellent location