Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5851 Spout Springs Road Flowery Branch, GA 30542

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Outparcel available for ground lease near major retailers.

    Added:
    Nov 25, 2025
    Days on Market:
    156
    Last Refresh:
    Apr 6 at 1:17 am

    Property Features for 5851 Spout Springs Road

    General Information

    Standard status
    Active

    Spaces For Lease

    at 5851 Spout Springs Road Contact us

    We can help!

    Listing Contact
    Brett Fuller

    Listing agent Brett Fuller

    Listing office

    Listing date Nov 25, 2025

    Source Tscg

    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 Brett Fuller

    Overview

    Kohl's Pad Site For Lease

    A +/- 0.6 acre outparcel is available for ground lease. The site is located within the Kohl’s parking field and is adjacent to Target, Home Depot, Ross, T.J. Maxx, PetSmart, and OfficeMax. Ample parking is available.
    Location Intelligence

    Current Use by Public Records

    Minute Key Locksmith SEPHORA at Kohl's Cosmetic Store Amerigas Propane Exchange Propane Supplier Primo Water Exchange Big Box & Wholesale Store Kohl's Department Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flowery Branch
    County
    Hall
    State
    Georgia
    Longitude
    -83.9118
    Latitude
    34.1781

    Nearby Similar for Lease

    • $7,500/Mo

      Flowery Branch Commercial Space Available

      7,500 sq ft flex space in Flowery Branch, GA.
      5540 Atlanta Highway, Flowery Branch, GA 30542
      View Details
    • $1,500/Mo

      Flowery Branch Retail Space

      Approximately 2,500 sq ft space suitable for multiple uses.
      5533 Atlanta Highway, Flowery Branch, GA 30542
      View Details
    • $12,000/Mo

      Flowery Branch Commercial Space Available

      Versatile commercial space in high-visibility location with flexible layout.
      5556 Atlanta Highway, Flowery Branch, GA 30542
      View Details
    • $12,000/Mo

      Versatile Commercial Space, Flowery Branch

      Adaptable commercial space in high-visibility location near I-985.
      5556 Atlanta Highway, Flowery Branch, GA 30542
      View Details
    • $3,000/Mo

      New Construction Flex Building

      New construction flex building with spaces available for rent.
      4105 Commerce Street, Flowery Branch, GA 30542
      View Details
    • Contact for pricing

      Class A Distribution Center

      40-acre industrial park with distribution opportunities near I-985.
      3920 Falcon Parkway, Flowery Branch, Georgia 30542
      View Details
    • Contact for pricing

      Flex Space with Office/Warehouse

      Flex space featuring office and warehouse components with drive-in doors.
      4135 Industry Way, Flowery Branch, GA 30542
      View Details
    • Contact for pricing

      Lanier Oaks Logistics Center Site

      Land available for sale or lease in Oakwood, Georgia.
      4010 Thurmon Tanner Rd, Flowery Branch, GA
      View Details
    • Contact for pricing

      Retail Space on Winder Hwy

      Retail space available for lease in Flowery Branch, Georgia.
      3458 Winder Hwy, Flowery Branch, GA
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 3446 Winder Highway.
      3446 Winder Highway, Flowery Branch, GA 30542
      View Details

    FAQs

    What type of property is this?
    Storefront property - Outparcel available for ground lease near major retailers.
    Where is this storefront property located?
    The property is located at 5851 Spout Springs Road Flowery Branch, GA.
    What are key features of this property?
    This property features: Prominent +/- 0.6 acre Kohl’s outparcel available; Ground lease only; Located within the Kohl’s parking field
    (770) 955-2434
    We can help!
    Listing Contact
    Brett Fuller
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!