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

    3655 N Point Pkwy Alpharetta, GA 30005

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Suburban office campus near North Point Mall and GA 400.

    Building Details

    Year built
    1997

    We can help!

    Listing Contact
    David Dixon
    Source: Naibg

    Listing Agent: David Dixon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    North Fulton Office Sublease Available

    This sublease opportunity is located within a suburban North Fulton office campus, adjacent to North Point Mall and GA 400. The location offers on-site MARTA bus access and local amenities, including hotels, fitness facilities, and jogging trails. The office space includes 6 private offices, 8 workstations, 1 conference room, a reception area, and a breakroom.
    Location Intelligence

    Current Use by Public Records

    RLI Insurance Co Insurance Agency CB Smith & Associates, ... Accounting Firm RIB Software North ... (Bike/Boat/Book/etc) Store Goggans, Stutzman, Hudson, ... Law Firm Reliance Payroll, LLC Accounting Firm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.2596839
    Latitude
    34.0705426

    Nearby Similar for Lease

    • New
      $3,150 /Mo
      1,625 SF

      Alpharetta Office Space For Rent

      Office space in Alpharetta with frontage to North Point Parkway.
      5755 North Point Pkwy, Alpharetta, GA 30022
      View Details
    • New
      $2,500 /Mo
      1,211 SF

      Office Space in Alpharetta, GA

      Professional office space for lease in Alpharetta, Georgia.
      11795 Northfall Ln, Alpharetta, GA 30009
      View Details
    • New
      $7,000 /Mo
      12,000 SF

      Alpharetta Flex Industrial Warehouse Space

      6,000 SF flex space in McFarland Industrial Park.
      8181 Industrial Pl, Alpharetta, GA 30004
      View Details
    • $14,000 /Mo
      77,101 SF

      Restaurant Building on 1.77 Acres

      Freestanding 6,062 SF restaurant building with ample parking.
      2375 Mansell Rd, Alpharetta, GA 30022
      View Details
    • $3,500 /Mo
      1,150 SF

      Alpharetta Office Space For Rent

      Turnkey office suite in prime Alpharetta location near GA-400.
      12700 Century Dr, Alpharetta, GA 30009
      View Details
    • New
      $2,400 /Mo
      1,250 SF

      New Construction Warehouse Condo

      New construction warehouse condo with included utilities in Alpharetta, GA.
      3770 Francis Cir, Alpharetta, GA 30004
      View Details
    • $14,000 /Mo
      77,101 SF

      Restaurant Space Near North Point

      Freestanding second-generation restaurant with bar and patio in Alpharetta.
      2375 Mansell Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      North Point

      Meet, work or collaborate in our professional North Point business center
      555 Point Ctr, Alpharetta, GA 30022
      View Details
    • Sponsored
      Contact for pricing

      Northwinds

      Discover many ways to work your way in Northwinds
      2475 Northwinds Pkwy, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      2300 Lakeview

      All-inclusive access to workspace, virtual office and meeting rooms in O'Hare Airport
      2300 Lakeview Pkwy, Alpharetta, GA 30009
      View Details
    • Contact for pricing

      Mansell

      Meet, work or collaborate in our professional North Point business center
      4555 Mansell Rd, Alpharetta, GA 30022
      View Details
    • Contact for pricing

      Spaces The Avalon Center

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      8000 Avalon Blvd, Alpharetta, GA 30009
      View Details

    FAQs

    What type of property is this?
    Office units - Suburban office campus near North Point Mall and GA 400.
    Where is this office units located?
    The property is located at 3655 N Point Pkwy Alpharetta, GA.
    What are key features of this property?
    This property features: - Convenient location adjacent to North Point Mall and GA 400; - On-site MARTA bus access; - Includes **6 private offices**
    (404) 812-4000
    Request Owner's contact information
    3655 N Point Pkwy Alpharetta, GA 30005
    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.
    3655 N Point Pkwy
    Alpharetta, GA 30005
    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
    3655 N Point Pkwy Alpharetta, GA 30005
    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

    We can help!
    Listing Contact
    David Dixon
    (404) 812-4000 (404) 812-4014
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!