Retail Building for
For Sale
Contact for pricing
205 Old Perry Road, Bonaire, GA 31005
Commercial retail building offered for sale, totaling 8,700 square feet of rentable space.
Property Size8,700 SF
Price / SF$137.93
Days on Market56
Property Features for 205 Old Perry Road
General Information
Standard status
Active
Size
8,700 SF
Property subtype
Retail, Industrial, Mixed Use
Building Details
Year Built
1997
Listing Agency:
Golden Key Realty
Listed By:
Nicholas Horne
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 12:47PM
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 Golden Key Realty
Investment Insights
Based on property information with market context.
This offering is a retail building marketed for sale with a total size of 8,700 square feet. The property is presented as retail space suitable for a tenant looking for dedicated storefront-style operations.
The asset is located at 205 Old Perry Road in Bonaire, Georgia. The listing information provided does not specify additional building details such as unit configuration, frontage, access features, or site improvements.
For buyers seeking a retail property, this provides a defined commercial footprint under one ownership. The space can be evaluated for compatibility with a range of retail uses based on the buyer’s leasing plans and desired tenant requirements, subject to any governing regulations and any terms of the current condition of the building.
The asset is located at 205 Old Perry Road in Bonaire, Georgia. The listing information provided does not specify additional building details such as unit configuration, frontage, access features, or site improvements.
For buyers seeking a retail property, this provides a defined commercial footprint under one ownership. The space can be evaluated for compatibility with a range of retail uses based on the buyer’s leasing plans and desired tenant requirements, subject to any governing regulations and any terms of the current condition of the building.
Key Highlights
- Retail commercial building built in 1997
- 8,700 sq ft of rentable space
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.2k | $19.56 |
| − Vacancy | −$14.5k | −$1.66 |
| EGI | $155.7k | $17.90 |
| − OpEx | −$46.7k | −$5.37 |
| NOI | $109.0k | $12.53 |
8,700 SF · lease $19.56/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.56M
$1.36M – $1.82M
NOI $108,995 @ 7.0% cap · market cap 9.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,444 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Circle K
Shops & Services
25,342 visits/mo
0.4 miles
Sunoco
Shops & Services
10,405 visits/mo
0.1 miles
Dollar General
Shops & Services
8,514 visits/mo
0.4 miles
SUBWAY
Dining
2,432 visits/mo
0.3 miles
Demographics for 31005, GA
20,531
Population
7,514
Households
2.7
Avg Household Size
36
Median Age
41%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
889
Density / Sq Mi
$107,071
Median Household Income
$58,603
Median Earnings
$1,248
Median Rent
$247,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail building offered for sale, totaling 8,700 square feet of rentable space.
Where is this retail space located?
The property is located at 205 Old Perry Road Bonaire, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Retail commercial building built in 1997; 8,700 sq ft of rentable space
