Executive Office
For Sale
Contact for pricing
1202 Fountain Park Circle, Brunswick, GA 31520
A private office in a second-floor professional setting includes access to shared conference space and building amenities.
Property Size26,974 SF
Price / SF$0.04
Days on Market614
Property Features for 1202 Fountain Park Circle
General Information
Standard status
Active
Size
26,974 SF
Elevators
Yes
Property subtype
Commercial
Additional Details
Floor
2
Utilities to Site
Yes
Property Use
Executive Suites
Amenities
after hours secure access system
common area restrooms
common area conference room
Building Details
Year Built
2008
Tenancy
Multi
Listing Agency:
Keller Williams Realty Golden Isles
Listed By:
Michael Heiser · License #373759
(912) 689-3421
Source:
Heiserrealestategroup
Added: Feb 28, 2025
Changed: Oct 31
Last Checked: Oct 31 at 2:20PM
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 Keller Williams Realty Golden Isles
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Investment Insights
Based on property information with market context.
This 344-square-foot office suite is arranged as one large private office within the Executive Suites on the second floor of Parkwood Village. Windows bring natural light into the workspace. The building, completed in 2008, has an elevator, secure after-hours entry, common restrooms and a shared conference room for Executive office tenants. Utilities are included in the monthly rent; tenants handle interior office cleaning. An adjacent vacant suite can be combined with this space for a total of 688 square feet.
Parkwood Village is near Southeast Georgia Health System. Occupants in the development include medical and real estate services, an architectural firm, and community and government offices. Building parking is available.
Parkwood Village is near Southeast Georgia Health System. Occupants in the development include medical and real estate services, an architectural firm, and community and government offices. Building parking is available.
Key Highlights
- 344 SF office configured as one large private workspace
- Second‑floor suite in Parkwood Village
- Adjacent vacant office can be joined for a combined 688 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$274,568
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,491,360
$5.5M
Cap Rate 7%
$3,922,400
$3.9M
Cap Rate 9%
$3,050,756
$3.1M
Market Conditions
NOI Build-Up for 26,974 SF
Gross rent
$469.3K $17.40/SF
− Vacancy
−$103.3K −$3.83/SF
EGI
$366.1K $13.57/SF
− OpEx
−$91.5K −$3.39/SF
NOI
$274.6K $10.18/SF
Area
Glynn County, GA
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,491,360
Cap Rate 7%
$3,922,400
Cap Rate 9%
$3,050,756
Alternative Uses
Best Use
Office B
$3.92M
$3.43M – $4.58M
NOI $274,568 @ 7.0% cap · market cap 27,456.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.60M
$4.90M – $6.53M
NOI $391,870 @ 7.0% cap · market cap 39,187.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
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Business Placement
Demographics for 31520, GA
22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private office in a second-floor professional setting includes access to shared conference space and building amenities.
Where is this office unit located?
The property is located at 1202 Fountain Park Circle Brunswick, GA.
What are key features of this property?
This property features: 344 SF office configured as one large private workspace; Second‑floor suite in Parkwood Village; Adjacent vacant office can be joined for a combined 688 SF
