411 Cowart Ave, Valdosta, GA 31602 Valdosta, GA 31602

Stabilized Multi-Tenant Office Investment | 620 SF Suites | Individually Metered | 8.5% Cap Rate | Near SGMC & Moody AFB Located just steps from SGMC Health, Azalea Business Center at 411-415 Cowart Avenue is a stabilized two-building, 10-suite multi-tenant office property in the heart of Valdosta's strongest professional corridors. Each 620 SF suite features two private offices, large reception/waiting area, break room, storage, and private restroom. Plenty of parking, easy in & out and each unit is individually metered for utilities, allowing tenants to be billed directly and keeping ownership expenses low. The property is anchored by long-term tenants paying $795/month ($15+/SF), and combined with a 30% operating expense ratio gives an 8.5% proforma cap rate. Current tenants include salons, tax preparers, financial professionals, and service-oriented businesses, creating strong tenant synergy and occupancy stability. Ideal for both investors and owner-users, with the ability to occupy one or more suites while enjoying reliable income from an established tenant base. Major regional demand generators-including SGMC Health, Moody Air Force Base, Valdosta State University, and the area's expanding logistics and retail hubs-continue to drive strong need for small, affordable professional office suites, while limited supply makes this property a rare find. Rent roll and historical financials available to qualified prospects.