Shopping Center with Vacant
New
For Sale
Contact for pricing
1050 RICHARD D SAILORS PKWY, Powder Springs, GA 30127
Service-oriented retail center with an available suite and established neighboring retail anchors.
Property Size15,050 SF
Price / SF$292.36
Days on Market4
Property Features for 1050 RICHARD D SAILORS PKWY
General Information
Standard status
Active
Size
15,050 SF
Property subtype
Retail
Occupancy
90%
Net Operating Income
$284,674
Building Details
Year Built
2007
Stories
1
Tenancy
Multi
Listing Agency:
Franklin Street Atlanta
Listed By:
Bryan Belk
(404) 842-1755
Source:
Crexi
Added: Aug 31
Changed: Sep 2
Last Checked: Sep 2 at 2:07PM
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 Franklin Street Atlanta
Investment Insights
Based on property information with market context.
This 15,050-square-foot shopping center was built in 2007 and includes a 1,400-square-foot vacant unit. Existing occupancy is composed of service-oriented businesses, including medical, hair, nail, spa, and tutoring uses.
The property is located at 1050 Richard D Sailors Pkwy in Powder Springs, Georgia. It occupies an outparcel associated with Home Depot and Extra Space Storage and is adjacent to a Publix-anchored shopping center, placing the center within a cluster of established retail destinations.
The property is located at 1050 Richard D Sailors Pkwy in Powder Springs, Georgia. It occupies an outparcel associated with Home Depot and Extra Space Storage and is adjacent to a Publix-anchored shopping center, placing the center within a cluster of established retail destinations.
Key Highlights
- 15,050‑square‑foot shopping center built in 2007
- 1,400‑square‑foot vacant unit
- Outparcel to Home Depot and Extra Space Storage
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
$211,684
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
4.81%
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%
$4,233,680
$4.2M
Cap Rate 7%
$3,024,057
$3.0M
Cap Rate 9%
$2,352,044
$2.4M
Market Conditions
NOI Build-Up for 15,050 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
$330.5K $21.96/SF
− Vacancy
−$28.1K −$1.87/SF
EGI
$302.4K $20.09/SF
− OpEx
−$90.7K −$6.03/SF
NOI
$211.7K $14.07/SF
Area
Cobb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$4,233,680
Cap Rate 7%
$3,024,057
Cap Rate 9%
$2,352,044
Alternative Uses
Best Use
Retail
$3.02M
$2.65M – $3.53M
NOI $211,684 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,823 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Shops & Services 29%
Home Improvements & Furnishings 23%
Dining 9%
Publix
Groceries
44,817 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
27,270 visits/mo
0.1 miles
Wells Fargo
Shops & Services
12,397 visits/mo
0.3 miles
Wendy's
Dining
10,910 visits/mo
0.4 miles
The UPS Store
Shops & Services
7,672 visits/mo
0.2 miles
Demographics for 30127, GA
68,574
Population
25,289
Households
2.7
Avg Household Size
40
Median Age
40%
College-Educated
92%
High-School Grad
51.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$104,997
Median Household Income
$48,049
Median Earnings
$1,800
Median Rent
$322,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Service-oriented retail center with an available suite and established neighboring retail anchors.
Where is this shopping center located?
The property is located at 1050 RICHARD D SAILORS PKWY Powder Springs, GA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 15,050‑square‑foot shopping center built in 2007; 1,400‑square‑foot vacant unit; Outparcel to Home Depot and Extra Space Storage
