Move-In Ready Office
For Sale
$1,025,000
120 Commerce Cir, Fayetteville, GA 30214
Four office suites are offered with full build-out, including private offices, dedicated conference space, and a kitchenette.
Property Size4,218 SF
Price / SF$243.01
Days on Market116
Property Features for 120 Commerce Cir
General Information
Standard status
Active
Size
4,218 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,029
Listing Agency:
CBC Metro Brokers
(774) 274-9707
Listed By:
Sabrina Etienne · License #443578
(774) 274-9707
Source:
Exprealty
Added: Apr 30
Changed: Aug 23
Last Checked: Aug 18 at 5:49AM
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 CBC Metro Brokers
Investment Insights
Based on property information with market context.
For sale at 120 Commerce Circle, this professional office complex offers four available office spaces, with the option to purchase a single suite, multiple units, or the entire portfolio. Each suite is delivered with full build-out, featuring multiple private offices, dedicated conference space, and a kitchenette, supporting immediate occupancy without the need for tenant improvements.
The property is located near GA-85 and GA-314, providing convenient access for day-to-day operations. The suites also feature abundant natural light and ample parking, with an efficient layout designed to support professional workflows.
Ownership is investing in a brand-new roof, helping reduce near-term capital expenditures for buyers.
The property is located near GA-85 and GA-314, providing convenient access for day-to-day operations. The suites also feature abundant natural light and ample parking, with an efficient layout designed to support professional workflows.
Ownership is investing in a brand-new roof, helping reduce near-term capital expenditures for buyers.
Key Highlights
- 1989‑built professional office complex offering four office suites at 120 Commerce Circle
- Each suite is delivered with full build‑out, including multiple private offices, a dedicated conference space, and a kitchenette
- Move‑in ready suites designed for immediate occupancy, with an efficient floor plan
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
$56,484
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
5.51%
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%
$1,129,680
$1.1M
Cap Rate 7%
$806,914
$806.9K
Cap Rate 9%
$627,600
$627.6K
Market Conditions
NOI Build-Up for 4,218 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
$100.7K $23.87/SF
− Vacancy
−$25.4K −$6.02/SF
EGI
$75.3K $17.85/SF
− OpEx
−$18.8K −$4.46/SF
NOI
$56.5K $13.39/SF
Area
Fayette 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%
$1,129,680
Cap Rate 7%
$806,914
Cap Rate 9%
$627,600
Alternative Uses
Best Use
Office B
$806.9K
$706.1K – $941.4K
NOI $56,484 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,536 @ 7.0% cap · market cap 8.05%
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
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value
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 units - Four office suites are offered with full build-out, including private offices, dedicated conference space, and a kitchenette.
Where is this office units located?
The property is located at 120 Commerce Cir Fayetteville, GA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: 1989‑built professional office complex offering four office suites at 120 Commerce Circle; Each suite is delivered with full build‑out, including multiple private offices, a dedicated conference space, and a kitchenette; Move‑in ready suites designed for immediate occupancy, with an efficient floor plan
