Multi-Tenant Medical Office
For Sale
Contact for pricing
1000 Commerce Drive, Peachtree City, GA 30269
Healthcare-focused occupants operate under long-term NNN lease agreements within this multi-suite office property.
Property Size12,236 SF
Lot Size2.59 Acres
Price / SF$341.61
Days on Market399
Property Features for 1000 Commerce Drive
General Information
Standard status
Active
Size
12,236 SF
Class
B
Lot size
2.59 Acres
Property subtype
Office
Zoning
C - GC
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$292,606
Building Details
Year Built
1997
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Building Size
12,236 SF
Listing Agency:
Southtree Commercial Real Estate
(770) 631-0499
Listed By:
Sean Rawson · License #GA
Source:
Crexi
Added: Jul 28, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southtree Commercial Real Estate
Investment Insights
Based on property information with market context.
This 12,236-square-foot medical office building was completed in 1997 and occupies 2.59 acres. The facility is configured for multiple healthcare users, with three tenants operating under long-term Triple Net lease agreements. Piedmont Medical Care Corporation provides rheumatology services, Peachtree Vital Care offers infusion therapy, and Magnolia ENT delivers ear, nose, and throat care.
The property is zoned C - GC and features annual rental escalations ranging from 2.50% to 3.00%. Its tenant roster is concentrated in healthcare services, providing an established medical-office operating profile for a buyer evaluating a leased commercial asset.
The property is zoned C - GC and features annual rental escalations ranging from 2.50% to 3.00%. Its tenant roster is concentrated in healthcare services, providing an established medical-office operating profile for a buyer evaluating a leased commercial asset.
Key Highlights
- 12,236‑square‑foot medical office building on 2.59 acres
- Three healthcare‑focused tenants occupy the facility
- Long‑term Triple Net (NNN) lease agreements in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$177,410
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,548,200
$3.5M
Cap Rate 7%
$2,534,429
$2.5M
Cap Rate 9%
$1,971,222
$2.0M
Market Conditions
NOI Build-Up for 12,236 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$330.4K $27.00/SF
− Vacancy
−$34.7K −$2.84/SF
EGI
$295.7K $24.17/SF
− OpEx
−$118.3K −$9.67/SF
NOI
$177.4K $14.50/SF
Area
Fayette County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,548,200
Cap Rate 7%
$2,534,429
Cap Rate 9%
$1,971,222
Alternative Uses
Best Use
Healthcare Medical
$2.53M
$2.22M – $2.96M
NOI $177,410 @ 7.0% cap · market cap 4.24%
Second Best
Office B
$2.34M
$2.05M – $2.73M
NOI $163,853 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$3.42M
$2.99M – $3.99M
NOI $239,430 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,655
Businesses Nearby
Explore this area
Business Placement
Demographics for 30269, GA
39,481
Population
16,089
Households
2.5
Avg Household Size
44
Median Age
60%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
1,507
Density / Sq Mi
$111,093
Median Household Income
$60,000
Median Earnings
$1,910
Median Rent
$459,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Healthcare-focused occupants operate under long-term NNN lease agreements within this multi-suite office property.
Where is this office building located?
The property is located at 1000 Commerce Drive Peachtree City, GA.
What is the asking price?
The asking price for this property is $4,180,000.
What are key features of this property?
This property features: 12,236‑square‑foot medical office building on 2.59 acres; Three healthcare‑focused tenants occupy the facility; Long‑term Triple Net (NNN) lease agreements in place
