Updated Office
For Sale
$4,350,000
400 Westpark Court, Peachtree City, GA 30269
100% occupied office suites with recently updated interiors and a new roof installed March 2025.
Property Size17,913 SF
Days on Market41
Property Features for 400 Westpark Court
General Information
Standard status
Active
Size
17,913 SF
Class
B
Property subtype
Office
Occupancy
100%
Building Details
Building Size
17,913 SF
Year Built
1995
Listing Agency:
(404) 277-1625
Listed By:
Bob Stephens · License #GA 264563
(404) 277-1625
Source:
Corfac
Added: Jul 8
Changed: Aug 15
Last Checked: Aug 17 at 5:46AM
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 Bob Stephens
Investment Insights
Based on property information with market context.
This for-sale office building is 100% occupied, with the lobby and all occupied suites recently updated. A new roof was installed in March 2025, and the property includes ample parking for tenants and visitors.
Located in the heart of Peachtree City at 400 Westpark Court, the building is positioned for convenient access as an established office address.
With fully occupied space and recent interior and roof improvements, this property presents a turnkey, maintained office offering for an investor or owner-occupant.
Located in the heart of Peachtree City at 400 Westpark Court, the building is positioned for convenient access as an established office address.
With fully occupied space and recent interior and roof improvements, this property presents a turnkey, maintained office offering for an investor or owner-occupant.
Key Highlights
- 100% occupied office suites with all occupied units reportedly recently updated
- New roof installed March 2025
- Year built: 1995
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
$239,874
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%
$4,797,480
$4.8M
Cap Rate 7%
$3,426,771
$3.4M
Cap Rate 9%
$2,665,267
$2.7M
Market Conditions
NOI Build-Up for 17,913 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
$427.6K $23.87/SF
− Vacancy
−$107.8K −$6.02/SF
EGI
$319.8K $17.85/SF
− OpEx
−$80.0K −$4.46/SF
NOI
$239.9K $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%
$4,797,480
Cap Rate 7%
$3,426,771
Cap Rate 9%
$2,665,267
Alternative Uses
Best Use
Office B
$3.43M
$3.00M – $4.00M
NOI $239,874 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.38M – $5.84M
NOI $350,516 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,464
Businesses Nearby
Explore this area
Business Placement
Demographics for 30269, GA
39,481
Population
16,089
Households
2.5
Avg Household Size
44
Median Age
60%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
1,507
Density / Sq Mi
$111,093
Median Household Income
$60,000
Median Earnings
$1,910
Median Rent
$459,400
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 building - 100% occupied office suites with recently updated interiors and a new roof installed March 2025.
Where is this office building located?
The property is located at 400 Westpark Court Peachtree City, GA.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 100% occupied office suites with all occupied units reportedly recently updated; New roof installed March 2025; Year built: 1995
