East Point Flex/Industrial
For Sale
Contact for pricing
Pending
1130 Oakleigh Drive, East Point, GA 30344
Flex/industrial property with high power capacity and easy access.
Property Size39,041 SF
Days on Market107
Property Features for 1130 Oakleigh Drive
General Information
Standard status
Pending
Size
39,041 SF
Class
B
Property subtype
Retail, Industrial
Zoning
I-1
Lease Type
Modified Gross
Investment Type
Owner/User
Building Details
Year Built
1958
Year Renovated
2023
Buildings
1
Units
40
Listing Agency:
Archive East Point, LLC
Listed By:
Glenn Murer · License #FLBO
Source:
Crexi
Added: May 12
Changed: Aug 23
Last Checked: Aug 25 at 11:27AM
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 Archive East Point, LLC
Investment Insights
Based on property information with market context.
This flex/industrial property offers 39,041 square feet of space. It features 2400 Amps 120/208v 3-Phase power, with 480v also available, making it suitable for businesses with very large power demands. The property includes newer offices, bathrooms, and a newer roof. It is fenced and gated with ample parking. The location provides easy access to I-75/85 and I-285, as well as the airport and downtown. Formerly used as an electric car ride-share dispatch & charging facility, this property is located in East Point, GA.
Key Highlights
- Extremely high power capacity: 2400 Amps 120/208v 3‑Phase with 480v available.
- Excellent location with easy access to I‑75/85, I‑285, the airport, and downtown.
- Newer offices, bathrooms, and roof.
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
$286,594
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
5.87%
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%
$5,731,880
$5.7M
Cap Rate 7%
$4,094,200
$4.1M
Cap Rate 9%
$3,184,378
$3.2M
Market Conditions
NOI Build-Up for 39,041 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
$370.1K $9.48/SF
− Vacancy
−$32.9K −$0.84/SF
EGI
$337.2K $8.64/SF
− OpEx
−$50.6K −$1.30/SF
NOI
$286.6K $7.34/SF
Area
Fulton County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$5,731,880
Cap Rate 7%
$4,094,200
Cap Rate 9%
$3,184,378
Alternative Uses
Best Use
Retail
$7.16M
$6.26M – $8.35M
NOI $501,099 @ 7.0% cap · market cap 10.27%
Second Best
Warehouse
$4.09M
$3.58M – $4.78M
NOI $286,594 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$10.91M
$9.55M – $12.73M
NOI $763,942 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30344, GA
35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- The Aero Bar — 777 Cleveland Ave SW, Atlanta, GA 30315
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- Ira Lane Coffee — Dream Building, 315 Deshler St SW, Atlanta, GA 30310
Frequently Asked Questions
What type of property is this?
Flex space - Flex/industrial property with high power capacity and easy access.
Where is this flex space located?
The property is located at 1130 Oakleigh Drive East Point, GA.
What is the asking price?
The asking price for this property is $4,880,125.
What are key features of this property?
This property features: Extremely high power capacity: 2400 Amps 120/208v 3‑Phase with 480v available.; Excellent location with easy access to I‑75/85, I‑285, the airport, and downtown.; Newer offices, bathrooms, and roof.
