Flexible Showroom and Office
114 Bullsboro Drive Newnan, GA 30263
For Sale
$925,000
Pending
COMMERCIAL - Newnan, GA
Property Size3,600 SF
Lot Size0.53 Acres
Days on Market53
Property Features for 114 Bullsboro Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
APN
N57C 001B
Size
3,600 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
3002
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1989
Building materials
Block
Listing Agency:
Josey Young & Brady Realty
(770) 683-1800
Listed By:
Taylor L Josey
(770) 652-7469
Added: Jun 5
Changed: Jun 27
Last Checked: Jul 27 at 6:06PM
MLS# 10781970
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 114 Bullsboro Drive in Newnan, Georgia, this 3,600 SF commercial building sits on a 0.53-acre outparcel fronting Eastgage Shopping Center. The property features a flexible interior layout with large showroom space alongside office areas, offering flexibility for a variety of commercial and service-oriented tenants.
The building is positioned on Bullsboro Drive, described in the remarks as a busy corridor with traffic counts exceeding 25,000 vehicles per day. Its shopping-center frontage provides an established retail setting for visitors and customers passing through the immediate area.
From a tenant and operator standpoint, the combination of showroom space and office support makes the building workable for uses such as retail, a hair salon or day spa, an insurance agency, or office and medical office operations. The on-site configuration supports businesses that need public-facing space as well as dedicated administrative or treatment/office areas, without requiring a highly specialized buildout based on the information provided.
The building is positioned on Bullsboro Drive, described in the remarks as a busy corridor with traffic counts exceeding 25,000 vehicles per day. Its shopping-center frontage provides an established retail setting for visitors and customers passing through the immediate area.
From a tenant and operator standpoint, the combination of showroom space and office support makes the building workable for uses such as retail, a hair salon or day spa, an insurance agency, or office and medical office operations. The on-site configuration supports businesses that need public-facing space as well as dedicated administrative or treatment/office areas, without requiring a highly specialized buildout based on the information provided.
Key Highlights
- 3,600 SF commercial building on a 0.53‑acre outparcel fronting Eastgage Shopping Center
- Fronts busy Bullsboro Drive with traffic counts exceeding 25,000 vehicles per day
- Flexible interior layout with large showroom and office areas
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.2k | $27.00 |
| − Vacancy | −$10.2k | −$2.84 |
| EGI | $87.0k | $24.17 |
| − OpEx | −$34.8k | −$9.67 |
| NOI | $52.2k | $14.50 |
3,600 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$745.7K
$652.5K – $869.9K
NOI $52,196 @ 7.0% cap · market cap 5.64%
Second Best
Office B
$688.7K
$602.6K – $803.5K
NOI $48,208 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.01M
$880.6K – $1.17M
NOI $70,444 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Coweta Animal Hospital: Mccollough Valerie DVM — 225 Bullsboro Dr, Newnan, GA 30263
- Shannon Stoffle, DVM — 225 Bullsboro Dr, Newnan, GA 30263
- Nicole Mann, DVM — 225 Bullsboro Dr, Newnan, GA 30263
Frequently Asked Questions
What type of property is this?
Medical Office Space - A 3,600 SF building on a 0.53-acre outparcel with a large showroom and office areas, fronting a shopping center.
Where is this medical office space located?
The property is located at 114 Bullsboro Drive Newnan, GA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 3,600 SF commercial building on a 0.53‑acre outparcel fronting Eastgage Shopping Center; Fronts busy Bullsboro Drive with traffic counts exceeding 25,000 vehicles per day; Flexible interior layout with large showroom and office areas
