Lower-Level Office
For Sale
$335,000
1071 Cambridge Square Unit E, Alpharetta, GA 30009
Private-entry office suite with multiple offices, two restrooms, and a dedicated breakroom.
Property Size1,987 SF
Price / SF$167.50
Days on Market53
Property Features for 1071 Cambridge Square Unit E
General Information
Standard status
Active
Size
1,987 SF
Property subtype
Other
Occupancy
100%
Additional Details
Floor
Lower Level
Amenities
0.046 acres, Business Park
Composition
Public Sewer
Annual Amount: $2,260, Year: 2025
Tile, Vinyl
Central Air, Electric
Forced Air, Natural Gas
Cumulative Days on Market: 51, 51 days on market, On Market Date: 2026-07-29
Parking Total: 20, Parking Lot, Paved
Built in 1987, Brick, Office
County: Fulton
Resale
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Public
Close Of Escrow
Water body: NONE
Accessible Approach with Ramp, Accessible Entrance
Fire Sprinkler System
Building Details
Building Size
1,987 SF
Year Built
1987
Listing Agency:
Maximum One Executive Realtors
(770) 835-4311
Listed By:
Michalina Wierzchucka
(770) 363-8621
Source:
Blackstreaminternational
Added: Jul 29
Changed: Sep 18
Last Checked: Sep 19 at 10:51AM
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 Maximum One Executive Realtors
Investment Insights
Based on property information with market context.
This 2,000 SF office condominium is configured as a lower-level suite with a private exterior entrance. The interior includes multiple private offices, a reception area, two restrooms, and a large breakroom. Windows in the offices and reception area provide natural light, while renovations support a professional office environment. Constructed in 1987, the unit is located in Cambridge Square Office Park in Alpharetta, Georgia.
The property is fully leased under a lease extending through 2027. Its office layout, independent access, and existing tenant occupancy provide a straightforward configuration for an office-focused owner or investor.
The property is fully leased under a lease extending through 2027. Its office layout, independent access, and existing tenant occupancy provide a straightforward configuration for an office-focused owner or investor.
Key Highlights
- 2,000 SF office condominium
- Private exterior entrance for independent suite access
- Multiple offices with windows in private rooms and reception area
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
$26,782
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
7.99%
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%
$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
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
$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 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%
$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 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.1K
$489.2K – $652.3K
NOI $39,135 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
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
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 units - Private-entry office suite with multiple offices, two restrooms, and a dedicated breakroom.
Where is this office units located?
The property is located at 1071 Cambridge Square Unit E Alpharetta, GA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 2,000 SF office condominium; Private exterior entrance for independent suite access; Multiple offices with windows in private rooms and reception area
