Renovated Single-Story Office-Flex
For Sale
Contact for pricing
Pending
1100 SATELLITE BLVD NW, Suwanee, GA 30024
Move-in-ready, renovated office and flex space on a lake-view campus with ample on-site parking.
Property Size6,310 SF
Lot Size3.13 Acres
Days on Market94
Property Features for 1100 SATELLITE BLVD NW
General Information
Standard status
Pending
Size
6,310 SF
Class
A
Lot size
3.13 Acres
Property subtype
Office, Industrial, Mixed Use
Zoning
C7
Additional Details
Highway Access
Yes
Building Details
Year Built
1992
Year Renovated
2023
Buildings
1
Stories
1
Units
1
Listing Agency:
Sun Realty Group
Listed By:
William Ferguson · License #GA
(678) 925-8375
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Jul 24 at 3:22PM
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 Sun Realty Group
Investment Insights
Based on property information with market context.
Shawnee Ridge Marketing Center is a newly renovated, single-story Class B office building built in 1992. The property provides flexible office and flex space designed for an owner-user or investor, with room to expand. Set on 3.13 acres, the site features a tranquil on-site lake setting with mature trees and landscaped grounds.
The campus location offers immediate access to I-85 and GA-316, supporting convenient regional connectivity across the Atlanta metro area. Zoning is designated as C7, and the property is supported by an on-site parking ratio of 5 spaces per 1,000 SF.
This building suits tenants and owners seeking a professional, campus-style environment with adaptable office/flex configurations. For buyers, the combination of single-story layout, recently updated condition, and flexible space can be a practical fit for accommodating evolving workplace needs under the existing C7 zoning parameters.
The campus location offers immediate access to I-85 and GA-316, supporting convenient regional connectivity across the Atlanta metro area. Zoning is designated as C7, and the property is supported by an on-site parking ratio of 5 spaces per 1,000 SF.
This building suits tenants and owners seeking a professional, campus-style environment with adaptable office/flex configurations. For buyers, the combination of single-story layout, recently updated condition, and flexible space can be a practical fit for accommodating evolving workplace needs under the existing C7 zoning parameters.
Key Highlights
- 6,472 SF single‑story Class B office building with flexible office and flex space on 3.13 acres
- Recently updated and move‑in‑ready for owner‑user or investment use
- C7 zoning designation
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
$84,498
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
3.07%
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%
$1,689,960
$1.7M
Cap Rate 7%
$1,207,114
$1.2M
Cap Rate 9%
$938,867
$938.9K
Market Conditions
NOI Build-Up for 6,310 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
$150.6K $23.87/SF
− Vacancy
−$38.0K −$6.02/SF
EGI
$112.7K $17.85/SF
− OpEx
−$28.2K −$4.46/SF
NOI
$84.5K $13.39/SF
Area
Gwinnett 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%
$1,689,960
Cap Rate 7%
$1,207,114
Cap Rate 9%
$938,867
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,498 @ 7.0% cap · market cap 3.07%
Second Best
Industrial
$549.1K
$480.5K – $640.7K
NOI $38,440 @ 7.0% cap · market cap 1.40%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,472 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30024, GA
87,115
Population
29,306
Households
3
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
41.7 sq mi
ZIP Area
2,089
Density / Sq Mi
$139,918
Median Household Income
$60,932
Median Earnings
$1,872
Median Rent
$491,400
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?
Flex space - Move-in-ready, renovated office and flex space on a lake-view campus with ample on-site parking.
Where is this flex space located?
The property is located at 1100 SATELLITE BLVD NW Suwanee, GA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 6,472 SF single‑story Class B office building with flexible office and flex space on 3.13 acres; Recently updated and move‑in‑ready for owner‑user or investment use; C7 zoning designation
