Multi-Office Suite with
For Sale
$304,900
Pending
155 Bankers Boulevard E200, Monroe, GA 30655
Suite includes four large offices, a spacious lobby/reception, two bathrooms, and two private entrances.
Property Size1,174 SF
Days on Market134
Property Features for 155 Bankers Boulevard E200
General Information
Standard status
Pending
Size
1,174 SF
Zoning
B-3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,005
Amenities
Accessible Entrance, Accessible Approach with Ramp, Accessible Doors
Heat Pump
Electric, Heat Pump
Other
Parking Lot
Building Details
Building Size
1,174 SF
Year Built
2006
Listed By:
DOUG MINTON
(404) 520-0015
Source:
Evrealestate
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 4 at 3:25AM
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 DOUG MINTON
Investment Insights
Based on property information with market context.
This office suite is configured with four large offices, a spacious lobby/reception area, and two bathrooms. The layout also includes two private entrances, a storage room, and a dedicated coffee/snack bar space.
Located within the Bankers Boulevard complex in Monroe, Georgia, the property sits at the end of Spring Street and Hwy 138, providing convenient access.
This is a dedicated office unit (Unit F400) within a larger commercial complex, offering a self-contained reception and multi-room office arrangement for day-to-day operations.
Located within the Bankers Boulevard complex in Monroe, Georgia, the property sits at the end of Spring Street and Hwy 138, providing convenient access.
This is a dedicated office unit (Unit F400) within a larger commercial complex, offering a self-contained reception and multi-room office arrangement for day-to-day operations.
Key Highlights
- Suite for lease in Monroe, GA with four large offices and a spacious lobby/reception area
- Two private entrances for the suite
- Includes 2 bathrooms plus storage room and coffee/snack bar space
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
$15,721
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
5.16%
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%
$314,420
$314.4K
Cap Rate 7%
$224,586
$224.6K
Cap Rate 9%
$174,678
$174.7K
Market Conditions
NOI Build-Up for 1,174 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
$28.0K $23.87/SF
− Vacancy
−$7.1K −$6.02/SF
EGI
$21.0K $17.85/SF
− OpEx
−$5.2K −$4.46/SF
NOI
$15.7K $13.39/SF
Area
Walton 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%
$314,420
Cap Rate 7%
$224,586
Cap Rate 9%
$174,678
Alternative Uses
Best Use
Office B
$224.6K
$196.5K – $262.0K
NOI $15,721 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$329.7K
$288.5K – $384.6K
NOI $23,076 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 30655, GA
27,541
Population
10,212
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
83.0 sq mi
ZIP Area
332
Density / Sq Mi
$68,292
Median Household Income
$39,472
Median Earnings
$1,099
Median Rent
$290,900
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 - Suite includes four large offices, a spacious lobby/reception, two bathrooms, and two private entrances.
Where is this office units located?
The property is located at 155 Bankers Boulevard E200 Monroe, GA.
What is the asking price?
The asking price for this property is $304,900.
What are key features of this property?
This property features: Suite for lease in Monroe, GA with four large offices and a spacious lobby/reception area; Two private entrances for the suite; Includes 2 bathrooms plus storage room and coffee/snack bar space
