Office Condominium with Private
For Sale
$320,000
1071 Cambridge Square, Alpharetta, GA 30009
The leased suite combines private offices, two restrooms, a breakroom, and natural light.
Property Size2,000 SF
Price / SF$160
Days on Market91
Property Features for 1071 Cambridge Square
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial,Office
Occupancy
100%
Additional Details
Floor
Lower Level
Office Units
1
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,260
Building Details
Building Size
2,000 SF
Year Built
1987
Listing Agency:
Listed By:
Hayes & Reich Luxury Property Group
(770) 595-3000
Source:
Hayesreich
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 27 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 Hayes & Reich Luxury Property Group
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Investment Insights
Based on property information with market context.
This 2,000-square-foot office condominium occupies a lower-level position and has its own exterior entry. Windows bring natural light into the reception area and private offices. The layout also includes multiple offices, two restrooms, and a large breakroom. Renovations have been completed within the suite.
The property is fully leased, with the current lease running through 2027. Built in 1987, it is located at 1071 Cambridge Square in Alpharetta, Georgia.
The property is fully leased, with the current lease running through 2027. Built in 1987, it is located at 1071 Cambridge Square in Alpharetta, Georgia.
Key Highlights
- 2,000‑square‑foot office condominium with a private exterior entrance
- Fully leased, with the current lease extending through 2027
- Windows in the reception area and private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,782
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,640
$535.6K
Cap Rate 7%
$382,600
$382.6K
Cap Rate 9%
$297,578
$297.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$47.7K $23.87/SF
− Vacancy
−$12.0K −$6.02/SF
EGI
$35.7K $17.85/SF
− OpEx
−$8.9K −$4.46/SF
NOI
$26.8K $13.39/SF
Area
Fulton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,640
Cap Rate 7%
$382,600
Cap Rate 9%
$297,578
Alternative Uses
Best Use
Office B
$382.6K
$334.8K – $446.4K
NOI $26,782 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.1K
$489.2K – $652.3K
NOI $39,135 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,063
Businesses Nearby
Explore this area
Business Placement
Demographics for 30009, GA
19,256
Population
9,168
Households
2.1
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
9.1 sq mi
ZIP Area
2,116
Density / Sq Mi
$135,819
Median Household Income
$75,211
Median Earnings
$2,030
Median Rent
$611,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The leased suite combines private offices, two restrooms, a breakroom, and natural light.
Where is this office unit located?
The property is located at 1071 Cambridge Square Alpharetta, GA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,000‑square‑foot office condominium with a private exterior entrance; Fully leased, with the current lease extending through 2027; Windows in the reception area and private offices
