Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Professional Office Space in Woodstock Title is generated by Realmo AI

    145 Towne Lake Pkwy, Woodstock, GA 30188

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space in professional setting with shared common area.

    Type:Office
    Property size:
    900 SF
    Added:
    Dec 19, 2023
    Days on Market:
    898
    Last Refresh:
    May 13 at 8:18 pm

    Property Features for 145 Towne Lake Pkwy

    General Information

    Standard status
    Active
    Size
    900 SF
    Property subtype
    Office

    Spaces For Lease

    at 145 Towne Lake Pkwy Contact us

    $26/Mo

    Size
    908 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Mike Pennington

    Listing agent Mike Pennington License #3322967

    Listing office Path & Post Real Estate

    Listing date Dec 19, 2023

    Source Crexi

    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 Path & Post Real Estate

    HighLights

    • Prime Location: Walkable to Woodstock.
    • All Utilities Included: Rent covers electric, water, and trash.
    • Professional Setting: Situated within a building housing law, engineering, financial, and medical offices.
    • Shared Common Space: Access to "The Lounge" for dining, meetings, and parties.
    • Sizeable Office Space: Boasting 900+ SF of office area.
    • Availability: Space available in 2025.

    Overview

    Available in 2025, this office space offers over 900 square feet in a professional setting. The primary tenant is Hartman Law, with other tenants including law offices, engineering firms, financial services, and medical offices. Shared common space includes access to "The Lounge," which is available during the day as a place to eat and by night for meetings and parties. Electric, water, and trash services are included in the rent. The property is located within walking distance of Woodstock.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.5257696
    Latitude
    34.1017578

    Nearby Similar for Lease

    • $8,500/Mo
      3,477 SF

      Turn-Key Restaurant Space in Woodstock

      Fully renovated restaurant space in high-traffic Woodstock location for lease.
      9770 Main Street, Woodstock, GA 30188
      View Details
    • $5,800/Mo
      3,492 SF

      Move-in Ready Woodstock Office Space

      Spacious, flexible office space in a thriving Woodstock location.
      2230 Towne Lake Parkway, Woodstock, GA 30189
      View Details
    • $8,500/Mo
      3,477 SF

      Turn-Key Restaurant Space in Woodstock

      Fully renovated restaurant space for lease in high-traffic Woodstock location.
      9770 Main Street, Woodstock, GA 30188
      View Details
    • $1,600/Mo

      Bright Commercial Space in Woodstock

      Well-maintained commercial space with open layout in desirable Woodstock location.
      650 Claremore Professional Way, Woodstock, GA 30188
      View Details
    • $2,100/Mo
      1,032 SF

      Renovated Woodstock Bungalow with Modern Amenities

      Charming 3-bedroom, 2-bath home near Downtown Woodstock.
      4006 N Arnold Mill Road, Woodstock, GA 30188
      View Details
    • $1,000/Mo
      7,072 SF

      Highway 92 Retail/Office Space

      Retail/office suites available in high-visibility Woodstock location.
      8477 Hwy 92, Woodstock, GA 30189
      View Details
    • $16 SF/Yr
      8,100 SF

      Woodstock Warehouse with Office Space

      8,100 SF industrial building with yard and office space.
      106 Dixie Dr, Woodstock, GA 30189
      View Details
    • $22 SF/Yr
      1,198 SF

      Office Suite in Crossings Park

      Office suite available near Towne Lake, Woodstock, GA.
      1198 Buckhead Xing, Woodstock, GA 30189
      View Details
    • $22 SF/Yr
      1,198 SF

      Office Suite in Crossings Park

      Office suite available in Crossings Office Park at Towne Lake.
      1198 Buckhead Xing, Woodstock, GA 30189
      View Details
    • $1,900/Mo

      Office Suite for Lease

      Professional office suite available in Woodstock, GA, with directions provided via GPS.
      1198 Buckhead Crossing B, Woodstock, GA 30189
      View Details
    • $5,800/Mo

      Office Suites in Woodstock, GA

      Three office suites available for lease in Woodstock, Georgia.
      2230 Towne Lake Parkway, Woodstock, GA 30189
      View Details
    • $18 SF/Yr
      2,145 SF

      Available Office Space For Rent

      2,145 square feet of office space available for rent.
      200 Parkway 575, Woodstock, GA, 30188
      View Details

    FAQs

    What type of property is this?
    Office units - Office space in professional setting with shared common area.
    Where is this office units located?
    The property is located at 145 Towne Lake Pkwy Woodstock, GA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Prime Location: Walkable to Woodstock.; All Utilities Included: Rent covers electric, water, and trash.; Professional Setting: Situated within a building housing law, engineering, financial, and medical offices.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Pennington
    Real Estate License ID: 3322967
    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

    Thank You for Inquiry
    145 Towne Lake Pkwy, Woodstock, GA 30188
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!