Free-Standing Retail
For Sale
Contact for pricing
4250 Atlanta Hwy, Bogart, GA 30606
Free-standing retail building with a showroom/store, basement space, and a fenced outside storage area.
Property Size11,000 SF
Price / SF$136.36
Days on Market693
Property Features for 4250 Atlanta Hwy
General Information
Standard status
Active
Size
11,000 SF
Property subtype
RETAIL
Amenities
fenced outside storage
Building Details
Buildings
1
Listing Agency:
NAI Elrod Group
(706) 553-1000
Listed By:
Brian Elrod · License ##251606
(678) 859-6110
Source:
Moodyscre
Added: Oct 24, 2024
Changed: Sep 14
Last Checked: Sep 15 at 8:27AM
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 NAI Elrod Group
Investment Insights
Based on property information with market context.
This free-standing retail building offers a 6,000 SF showroom/store area along with an additional 5,000 SF basement for extra usable space. The showroom/store features 11-13' ceiling heights and includes one 10'7" high roll-up door for convenient access. The basement ceiling height is 9', providing a functional environment for back-of-house needs. The property also includes fenced outside storage, adding practical flexibility for operations that require additional storage.
Located on Atlanta Hwy in Athens, GA, the building benefits from exposure to high traffic conditions along a busy commercial corridor.
Overall, the layout combines storefront/showroom space with basement area and exterior storage, supporting retail operations that need both customer-facing space and on-site storage.
Located on Atlanta Hwy in Athens, GA, the building benefits from exposure to high traffic conditions along a busy commercial corridor.
Overall, the layout combines storefront/showroom space with basement area and exterior storage, supporting retail operations that need both customer-facing space and on-site storage.
Key Highlights
- Free‑standing retail building on Atlanta Hwy in Athens, GA
- 6,000 SF showroom/store plus an additional 5,000 SF basement
- One 10'7" high roll‑up door
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
$124,324
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
8.29%
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%
$2,486,480
$2.5M
Cap Rate 7%
$1,776,057
$1.8M
Cap Rate 9%
$1,381,378
$1.4M
Market Conditions
NOI Build-Up for 11,000 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
$198.0K $18.00/SF
− Vacancy
−$20.4K −$1.85/SF
EGI
$177.6K $16.15/SF
− OpEx
−$53.3K −$4.84/SF
NOI
$124.3K $11.30/SF
Area
Oconee County, GA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,486,480
Cap Rate 7%
$1,776,057
Cap Rate 9%
$1,381,378
Alternative Uses
Best Use
Retail
$1.78M
$1.55M – $2.07M
NOI $124,324 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M
NOI $185,624 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30606, GA
46,798
Population
22,603
Households
2.1
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
30.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$61,397
Median Household Income
$35,854
Median Earnings
$1,222
Median Rent
$332,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Showroom - Free-standing retail building with a showroom/store, basement space, and a fenced outside storage area.
Where is this showroom located?
The property is located at 4250 Atlanta Hwy Bogart, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Free‑standing retail building on Atlanta Hwy in Athens, GA; 6,000 SF showroom/store plus an additional 5,000 SF basement; One 10'7" high roll‑up door
