Second-Story Office
For Sale
$618,000
1325 Satellite Boulevard NW Unit 106, Suwanee, GA 30024
Professional suite with private offices, collaborative workspace, conference room, and updated interior finishes.
Property Size2,282 SF
Price / SF$270.82
Days on Market38
Property Features for 1325 Satellite Boulevard NW Unit 106
General Information
Standard status
Active
Size
2,282 SF
Building Details
Year Built
2008
Listing Agency:
Heritage GA. Realtors
(770) 622-4723
Listed By:
Carol Kyungeui Sung
Source:
Lemoineteam
Added: Jul 24
Changed: Aug 29
Last Checked: Aug 30 at 8:27PM
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 Heritage GA. Realtors
Investment Insights
Based on property information with market context.
This 2,282 SF office unit occupies the second floor of a brick building constructed in 2008. Its layout includes a reception area, five private offices, an open work area, conference room, file and storage room, and a break room equipped with a kitchen and refrigerator. Common-area restrooms are located in the hallway. Recent improvements include hardwood flooring and new carpet throughout the suite.
The property is located at 1325 Satellite Boulevard NW in Suwanee, within The Gates at Sugarloaf. Access to I-85 is available through Exits 109 at Old Peachtree Road and 111. The office is also situated near the Gas South District, Sugarloaf Mills Mall, and Sugarloaf Country Club.
The property is located at 1325 Satellite Boulevard NW in Suwanee, within The Gates at Sugarloaf. Access to I-85 is available through Exits 109 at Old Peachtree Road and 111. The office is also situated near the Gas South District, Sugarloaf Mills Mall, and Sugarloaf Country Club.
Key Highlights
- ±2,282 SF second‑floor office unit
- Five private offices plus an open work area
- Reception area, conference room, and file/storage room
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
$30,558
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
4.94%
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%
$611,160
$611.2K
Cap Rate 7%
$436,543
$436.5K
Cap Rate 9%
$339,533
$339.5K
Market Conditions
NOI Build-Up for 2,282 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
$54.5K $23.87/SF
− Vacancy
−$13.7K −$6.02/SF
EGI
$40.7K $17.85/SF
− OpEx
−$10.2K −$4.46/SF
NOI
$30.6K $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%
$611,160
Cap Rate 7%
$436,543
Cap Rate 9%
$339,533
Alternative Uses
Best Use
Office B
$436.5K
$382.0K – $509.3K
NOI $30,558 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.9K
$558.2K – $744.2K
NOI $44,653 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 30024, GA
87,115
Population
29,306
Households
3
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
41.7 sq mi
ZIP Area
2,089
Density / Sq Mi
$139,918
Median Household Income
$60,932
Median Earnings
$1,872
Median Rent
$491,400
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 units - Professional suite with private offices, collaborative workspace, conference room, and updated interior finishes.
Where is this office units located?
The property is located at 1325 Satellite Boulevard NW Unit 106 Suwanee, GA.
What is the asking price?
The asking price for this property is $618,000.
What are key features of this property?
This property features: ±2,282 SF second‑floor office unit; Five private offices plus an open work area; Reception area, conference room, and file/storage room
