Three-Story Mixed-Use Commercial
For Sale
$3,875,000
3375 Venture Pkwy, Duluth, GA 30096
New construction combines ground-level retail with elevator-served upper-floor commercial space.
Property Size17,500 SF
Price / SF$221.43
Days on Market49
Property Features for 3375 Venture Pkwy
General Information
Standard status
Active
Size
17,500 SF
Elevators
Yes
Additional Details
Highway Access
Yes
Amenities
elevator access
grease trap
Building Details
Year Built
2026
Buildings
1
Stories
3
Construction
Steel-Frame
Tenancy
Multi
Listing Agency:
Y.I. Broker, LLC
Listed By:
Jenny Lee
(201) 873-0706
Source:
Atlantarealestatedirectory
Added: Aug 8
Changed: Sep 8
Last Checked: Sep 24 at 12:05PM
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 Y.I. Broker, LLC
Investment Insights
Based on property information with market context.
This three-story commercial building features a brick and stucco exterior, steel-frame construction, and elevator access. The ground level is configured with two retail spaces, including an installed grease trap that supports restaurant use. Upper floors provide commercial space identified for medical office, professional office, educational, and related business uses.
The property is located at 3375 Venture Pkwy in Duluth, Georgia, directly across from the Gwinnet Mall Development Project. Immediate access to I-85 provides a direct connection to the regional roadway network.
The property is located at 3375 Venture Pkwy in Duluth, Georgia, directly across from the Gwinnet Mall Development Project. Immediate access to I-85 provides a direct connection to the regional roadway network.
Key Highlights
- Three‑story commercial building at 3375 Venture Pkwy, Duluth, GA
- New construction with brick and stucco exterior
- Steel‑frame construction with elevator access
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
$234,344
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
6.05%
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%
$4,686,880
$4.7M
Cap Rate 7%
$3,347,771
$3.3M
Cap Rate 9%
$2,603,822
$2.6M
Market Conditions
NOI Build-Up for 17,500 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
$417.7K $23.87/SF
− Vacancy
−$105.3K −$6.02/SF
EGI
$312.5K $17.85/SF
− OpEx
−$78.1K −$4.46/SF
NOI
$234.3K $13.39/SF
Area
Gwinnett 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%
$4,686,880
Cap Rate 7%
$3,347,771
Cap Rate 9%
$2,603,822
Alternative Uses
Best Use
Office B
$3.35M
$2.93M – $3.91M
NOI $234,344 @ 7.0% cap · market cap 6.05%
Second Best
Mixed Use
$3.04M
$2.66M – $3.54M
NOI $212,625 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$4.89M
$4.28M – $5.71M
NOI $342,434 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
Explore this area
Business Placement
Demographics for 30096, GA
69,953
Population
28,903
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
3,082
Density / Sq Mi
$75,478
Median Household Income
$43,080
Median Earnings
$1,741
Median Rent
$342,700
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - New construction combines ground-level retail with elevator-served upper-floor commercial space.
Where is this mixed-use property located?
The property is located at 3375 Venture Pkwy Duluth, GA.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: Three‑story commercial building at 3375 Venture Pkwy, Duluth, GA; New construction with brick and stucco exterior; Steel‑frame construction with elevator access
