Flex Industrial Building with Drive-In
For Sale
Contact for pricing
1732 Veterans Memorial Hwy, Austell, GA 30168
Flex/industrial building with multiple drive-in doors and ample parking along Veterans Memorial Hwy.
Property Size3,980 SF
Price / SF$175.88
Days on Market117
Property Features for 1732 Veterans Memorial Hwy
General Information
Standard status
Active
Size
3,980 SF
Property subtype
Industrial, Mixed Use
Zoning
GC - General Commercial
Investment Type
Owner/User
Listing Agency:
ERA Sunrise Realty
Listed By:
Matthew Weiss · License #388400
Source:
Crexi
Added: May 14
Changed: Sep 2
Last Checked: Sep 7 at 12:08AM
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 ERA Sunrise Realty
Investment Insights
Based on property information with market context.
This versatile flex/industrial building offers a practical layout for warehouse, storage, and service-type operations, with multiple drive-in doors designed to support routine loading and receiving. Ample parking is available for tenants, employees, and customers.
The property is positioned along Veterans Memorial Hwy in Austell, GA, with visibility and accessibility highlighted in the public remarks. That combination can support day-to-day logistics while keeping the site easy to approach for deliveries and service calls.
The offering is listed for sale as a single commercial property and is categorized as flex space/industrial, providing flexibility in how the space can be used within the warehouse and service environment.
The property is positioned along Veterans Memorial Hwy in Austell, GA, with visibility and accessibility highlighted in the public remarks. That combination can support day-to-day logistics while keeping the site easy to approach for deliveries and service calls.
The offering is listed for sale as a single commercial property and is categorized as flex space/industrial, providing flexibility in how the space can be used within the warehouse and service environment.
Key Highlights
- Flex/industrial commercial building along Veterans Memorial Hwy
- Multiple drive‑in doors
- Ample on‑site parking
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
$29,217
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
4.17%
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%
$584,340
$584.3K
Cap Rate 7%
$417,386
$417.4K
Cap Rate 9%
$324,633
$324.6K
Market Conditions
NOI Build-Up for 3,980 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
$37.7K $9.48/SF
− Vacancy
−$3.4K −$0.84/SF
EGI
$34.4K $8.64/SF
− OpEx
−$5.2K −$1.30/SF
NOI
$29.2K $7.34/SF
Area
Cobb County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$584,340
Cap Rate 7%
$417,386
Cap Rate 9%
$324,633
Alternative Uses
Best Use
Warehouse
$417.4K
$365.2K – $487.0K
NOI $29,217 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$346.4K
$303.1K – $404.1K
NOI $24,246 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$1.12M
$977.9K – $1.30M
NOI $78,231 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30168, GA
26,544
Population
10,405
Households
2.6
Avg Household Size
33
Median Age
28%
College-Educated
86%
High-School Grad
12.4 sq mi
ZIP Area
2,141
Density / Sq Mi
$65,646
Median Household Income
$37,180
Median Earnings
$1,364
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Meals N Motion Caterer's LLC — 5773 James Rd, Austell, GA 30168
- Allmora Catering — 5521 Collins Blvd, Austell, GA 30106
- Cirami Catering Inc. — Mimosa Pl, Mableton, GA 30126
Frequently Asked Questions
What type of property is this?
Flex space - Flex/industrial building with multiple drive-in doors and ample parking along Veterans Memorial Hwy.
Where is this flex space located?
The property is located at 1732 Veterans Memorial Hwy Austell, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Flex/industrial commercial building along Veterans Memorial Hwy; Multiple drive‑in doors; Ample on‑site parking
