Decatur Office Building For
For Sale
Contact for pricing
4635 Flat Shoals Pkwy, Decatur, GA
Decatur office building with strong demographics and investment growth potential.
Property Size10,000 SF
Lot Size1.28 Acres
Price / SF$230
Days on Market601
Property Features for 4635 Flat Shoals Pkwy
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.28 Acres
Property subtype
OFFICE
Listing Agency:
Sands Investment Group (SIG) - Corporate
(404) 207-1171
Listed By:
Andrew Ackerman
(770) 626-0445
Source:
Moodyscre
Added: Dec 6, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:30AM
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 Sands Investment Group (SIG) - Corporate
Investment Insights
Based on property information with market context.
This office building, located in Decatur, Georgia, is strategically positioned between I-285 and Wesley Chapel Road. The location offers strong demographics, with a 5-mile population radius of over 170,000 residents and an average household income exceeding $70,000. The property consists of two Class-B buildings and was last renovated in 2019. The freestanding office building on Flat Shoals Parkway provides a private setting with ample parking and convenient access to a main road. The property is currently 100% occupied and features annual rental increases, offering investors the opportunity to ensure investment growth. The property has excellent visibility and is easy to access. The building is suitable for office use.
Key Highlights
- Annual rental increases ensure investment growth.
- Strong demographics: Over 170,000 residents within a 5‑mile radius with an average household income exceeding $70,000.
- 100% Occupancy
Financial Insights For Office B
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 | $238.7k | $23.87 |
| − Vacancy | −$60.2k | −$6.02 |
| EGI | $178.5k | $17.85 |
| − OpEx | −$44.6k | −$4.46 |
| NOI | $133.9k | $13.39 |
10,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,911 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,677 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Decatur office building with strong demographics and investment growth potential.
Where is this office building located?
The property is located at 4635 Flat Shoals Pkwy Decatur, GA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Annual rental increases ensure investment growth.; Strong demographics: Over 170,000 residents within a 5‑mile radius with an average household income exceeding $70,000.; 100% Occupancy
