Medical Office Space with Immediate
For Sale
Contact for pricing
10700 Medlock Bridge Rd, Duluth, GA 30097
Professional park setting with existing tenants and space available for immediate occupancy.
Property Size27,882 SF
Price / SF$233.13
Days on Market341
Property Features for 10700 Medlock Bridge Rd
General Information
Standard status
Active
Size
27,882 SF
Property subtype
OFFICE
Building Details
Tenancy
Multi
Listing Agency:
Newmark - Atlanta
(770) 552-2400
Listed By:
Collin BeVier
(678) 779-8741
Source:
Moodyscre
Added: Oct 15, 2025
Changed: Sep 11
Last Checked: Sep 19 at 9:57AM
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 Newmark - Atlanta
Investment Insights
Based on property information with market context.
This 27,882-square-foot medical office property is located in the Parson’s Meadow Professional Park and offers an owner-user opportunity with up to 9,655 square feet available for immediate occupancy. The property includes existing occupancy and in-place income, supporting a combined medical office and ownership-use profile.
Tenant tenure provides an established occupancy history, with a weighted average tenant tenure of +9.5 Years and the longest-tenure tenant at approximately 25% below market. The property is located at 10700 Medlock Bridge Rd in Duluth, less than 2 miles from Emory Johns Creek and 4 miles from Northside Duluth.
Tenant tenure provides an established occupancy history, with a weighted average tenant tenure of +9.5 Years and the longest-tenure tenant at approximately 25% below market. The property is located at 10700 Medlock Bridge Rd in Duluth, less than 2 miles from Emory Johns Creek and 4 miles from Northside Duluth.
Key Highlights
- 27,882 square feet of medical office space in Parson’s Meadow Professional Park
- Up to 9,655 SF available for immediate occupancy
- Owner‑user opportunity with existing occupancy and in‑place income
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
$404,261
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
6.22%
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%
$8,085,220
$8.1M
Cap Rate 7%
$5,775,157
$5.8M
Cap Rate 9%
$4,491,789
$4.5M
Market Conditions
NOI Build-Up for 27,882 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
$752.8K $27.00/SF
− Vacancy
−$79.0K −$2.84/SF
EGI
$673.8K $24.17/SF
− OpEx
−$269.5K −$9.67/SF
NOI
$404.3K $14.50/SF
Area
Fulton 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%
$8,085,220
Cap Rate 7%
$5,775,157
Cap Rate 9%
$4,491,789
Alternative Uses
Best Use
Healthcare Medical
$5.78M
$5.05M – $6.74M
NOI $404,261 @ 7.0% cap · market cap 6.22%
Second Best
Office B
$5.33M
$4.67M – $6.22M
NOI $373,370 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$7.79M
$6.82M – $9.09M
NOI $545,586 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30097, GA
50,308
Population
17,874
Households
2.8
Avg Household Size
41
Median Age
68%
College-Educated
96%
High-School Grad
23.5 sq mi
ZIP Area
2,141
Density / Sq Mi
$127,464
Median Household Income
$70,228
Median Earnings
$1,876
Median Rent
$592,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Paula Napier — 10540 Medlock Bridge Rd, Johns Creek, GA 30097
- Arlene Kim - Johns Creek Veterinary Clinic — 10540 Medlock Bridge Rd, Johns Creek, GA 30097
- Anna Mahnke — 10540 Medlock Bridge Rd, Johns Creek, GA 30097
- Johns Creek Veterinary Clinic — 10540 Medlock Bridge Rd, Johns Creek, GA 30097
- Chad Hargett, DVM — 10540 Medlock Bridge Rd, Johns Creek, GA 30097
Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional park setting with existing tenants and space available for immediate occupancy.
Where is this medical office space located?
The property is located at 10700 Medlock Bridge Rd Duluth, GA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 27,882 square feet of medical office space in Parson’s Meadow Professional Park; Up to 9,655 SF available for immediate occupancy; Owner‑user opportunity with existing occupancy and in‑place income
