Second-Floor Office
For Sale
Contact for pricing
25 Lenox Pointe Unit B, Atlanta, GA 30324
Turnkey suite with private offices, a kitchenette, two restrooms, and dedicated building systems.
Property Size1,520 SF
Price / SF$288.16
Days on Market60
Property Features for 25 Lenox Pointe Unit B
General Information
Standard status
Active
Size
1,520 SF
Class
C
Property subtype
Office
Zoning
R4
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Floor
2
Asking Price
$438,000
Office Units
1
Building Details
Year Built
1987
Year Renovated
2018
Buildings
1
Units
1
Tenancy
Multi
Listing Agency:
Graham & Arthur, LLC
Listed By:
David Mauer · License #GA 395860
Source:
Crexi
Added: Aug 17
Changed: Oct 15
Last Checked: Oct 14 at 10:39PM
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 Graham & Arthur, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,520 SF office condominium occupies the second floor and is configured for professional use. A private stairwell leads to the reception and waiting area, followed by six naturally lit offices, a kitchenette, and two restrooms. A separate walk-up stairway connects to a third-floor attic that provides additional storage. The suite is currently used as a therapy and counseling practice.
Building systems include a 2025 roof, a 2024 water heater, and two dedicated Trane HVAC zones maintained under a quarterly service plan. Utilities are separately metered, fiber is available, and the association manages the exterior and common areas. The property is located in Atlanta’s Buckhead/Lenox submarket near GA-400 and I-85, with Lenox Square, Phipps Plaza, MARTA, dining, hotels, and banking in the surrounding area. The property carries R4 zoning and was built in 1987.
Building systems include a 2025 roof, a 2024 water heater, and two dedicated Trane HVAC zones maintained under a quarterly service plan. Utilities are separately metered, fiber is available, and the association manages the exterior and common areas. The property is located in Atlanta’s Buckhead/Lenox submarket near GA-400 and I-85, with Lenox Square, Phipps Plaza, MARTA, dining, hotels, and banking in the surrounding area. The property carries R4 zoning and was built in 1987.
Key Highlights
- 1,520 SF second‑floor office condominium
- Six private offices, each with natural light
- Private stairwell entry, reception area, kitchenette, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,354
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,080
$407.1K
Cap Rate 7%
$290,771
$290.8K
Cap Rate 9%
$226,156
$226.2K
Market Conditions
NOI Build-Up for 1,520 SF
Gross rent
$36.3K $23.87/SF
− Vacancy
−$9.1K −$6.02/SF
EGI
$27.1K $17.85/SF
− OpEx
−$6.8K −$4.46/SF
NOI
$20.4K $13.39/SF
Area
Atlanta, 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 Rate 5%
$407,080
Cap Rate 7%
$290,771
Cap Rate 9%
$226,156
Alternative Uses
Best Use
Office B
$290.8K
$254.4K – $339.2K
NOI $20,354 @ 7.0% cap · market cap 4.65%
Second Best
Healthcare Medical
$287.7K
$251.7K – $335.6K
NOI $20,137 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$424.9K
$371.8K – $495.7K
NOI $29,743 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,748
Businesses Nearby
Explore this area
Business Placement
Demographics for 30324, GA
30,942
Population
18,232
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
5,838
Density / Sq Mi
$93,815
Median Household Income
$70,026
Median Earnings
$1,759
Median Rent
$505,300
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office units - Turnkey suite with private offices, a kitchenette, two restrooms, and dedicated building systems.
Where is this office units located?
The property is located at 25 Lenox Pointe Unit B Atlanta, GA.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: 1,520 SF second‑floor office condominium; Six private offices, each with natural light; Private stairwell entry, reception area, kitchenette, and two restrooms
