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

    2580 Springbox Drive Fairburn, GA 30213

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

    Retail space suitable for a grocery store or restaurant.

    Type:SCR
    Added:
    Apr 27, 2024
    Days on Market:
    712
    Last Refresh:
    Apr 3 at 5:04 am

    Property Features for 2580 Springbox Drive

    General Information

    Standard status
    Active
    Property subtype
    SCR

    Spaces For Lease

    at 2580 Springbox Drive Contact us

    We can help!

    Listing Contact
    Brett Teilhaber

    Listing agent Brett Teilhaber License #403033, GA

    Listing office KW Commercial | Atlanta - Roswell | Brett Teilhaber

    Listing date Apr 27, 2024

    Source Realnex

    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 KW Commercial | Atlanta - Roswell | Brett Teilhaber

    Overview

    Retail Space with Grease Trap

    This commercial real estate is suitable for a grocery store or restaurant. It is located at 2580 Springbox Drive, Fairburn, GA 30213. The property is part of a mixed-use development that is currently under construction. The space includes a grease trap, making it suitable for restaurant use.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Hotel & Motel Daycare Center Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairburn
    County
    Fulton
    State
    Georgia
    Longitude
    -84.633138
    Latitude
    33.639103

    Nearby Similar for Lease

    • Contact for pricing

      Fairburn Industrial Space Available

      316,072 SF industrial space for lease near I-85.
      621 Bohannon Road, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Fairburn Warehouse with Excellent Access

      316,072 SF warehouse with I-85 and CSX access.
      621 Bohannon Road, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Fairburn Warehouse with Immediate Access

      316,072 SF warehouse with I-85 and CSX access.
      621 Bohannon Road, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Fairburn Warehouse Space Available

      301,152 SF warehouse space for lease in Fairburn, GA.
      1200 Oakley Industrial Blvd, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Industrial Building Under Construction

      164,068 SF industrial building, delivery Q2 2026.
      505 Bohannon Road, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Fairburn Retail Space For Rent

      Retail space in Fairburn's Main Street Redevelopment District.
      17 SW Broad St, Fairburn, GA
      View Details
    • Contact for pricing

      Fairburn Industrial Single Tenant Space

      296,363 SqFt industrial space available for single tenant occupancy.
      4787 Stalwart Dr, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Fairburn Outdoor Storage Lot

      Gated gravel lot with trailer parking available for rent.
      7280 Graham Rd, Fairburn, GA
      View Details
    • Contact for pricing

      Fairburn Industrial Building with Storage

      104,200 SF industrial building with fenced outside storage.
      605 Bohannon Rd, Fairburn, GA
      View Details
    • Contact for pricing

      Industrial Building Near Airport

      Industrial building with outdoor storage, convenient location, and ample parking.
      7403 Graham Rd, Fairburn, GA 30213
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      17 Smith St, Fairburn, GA 30213
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail space suitable for a grocery store or restaurant.
    Where is this grocery and convenience store located?
    The property is located at 2580 Springbox Drive Fairburn, GA.
    What are key features of this property?
    This property features: Grease trap installed.; Located near a grocery store.; Mixed‑use development potential makes this property a versatile investment.
    (770) 310-4070
    We can help!
    Listing Contact
    Brett Teilhaber
    Real Estate License ID: 403033, GA
    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!