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Medical Corridor Office Building
For Sale
Contact for pricing
Pending

250 Corporate Center Court, Stockbridge, GA 30281

For sale office building positioned along a medical corridor and serving a 500+ unit tenant.

Property Size5,000 SF
Days on Market376

Property Features for 250 Corporate Center Court

General Information

Standard status Pending
Size 5,000 SF
Class B
Property subtype Office, Retail
Occupancy 100%
Lease Type Modified Gross
Investment Type Stabilized
Net Operating Income $117,888

Additional Details

Cap Rate 8.75%

Building Details

Year Built 1996
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Matthews
Listed By: Ryan Burke · License #333307
Source: Crexi
Added: Aug 28, 2025 Changed: Sep 3 Last Checked: Sep 7 at 2:27AM

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 Matthews

Investment Insights

Based on property information with market context.

This for-sale commercial property includes office units and retail-style space, presented as a medical corridor setting. The building totals 5,000 square feet, and is described in the public remarks as serving a 500+ unit tenant.

Located at 250 Corporate Center Court in Stockbridge, Georgia, the property is within the Atlanta MSA and aligned with the area’s medical corridor.

Interested parties should review current tenant and space details directly, as the available information focuses on overall configuration as office and storefront-type space rather than specific unit breakdowns or amenities.

Key Highlights

  • Office building built in 1996
  • Positioned along a medical corridor in the ATL MSA
  • Serving a 500+ unit tenant

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
$70,327
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
5.22%
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%
$1,406,540 $1.4M
Cap Rate 7%
$1,004,671 $1.0M
Cap Rate 9%
$781,411 $781.4K
Market Conditions
NOI Build-Up for 5,000 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
$109.8K $21.96/SF
− Vacancy
−$9.3K −$1.87/SF
EGI
$100.5K $20.09/SF
− OpEx
−$30.1K −$6.03/SF
NOI
$70.3K $14.07/SF
Area
Henry County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,406,540
Cap Rate 7%
$1,004,671
Cap Rate 9%
$781,411

Alternative Uses

Best Use
Retail
$1.00M
$879.1K – $1.17M (±1% cap)
NOI $70,327 @ 7.0% cap · market cap 5.22%
Second Best
Office B
$956.5K
$836.9K – $1.12M (±1% cap)
NOI $66,955 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,838 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Lakia Davis Physician Georgia Behavioral Health ... Physician National Trichology Training ... Training Center Marcia Phillips, Psychiatric ... Physician Gary Matthews, Psychiatrist Physician

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Garden Center Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,512
Businesses Nearby

Demographics for 30281, GA

69,540
Population
29,546
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
69.3 sq mi
ZIP Area
1,003
Density / Sq Mi
$70,587
Median Household Income
$43,672
Median Earnings
$1,427
Median Rent
$235,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - For sale office building positioned along a medical corridor and serving a 500+ unit tenant.
Where is this office units located?
The property is located at 250 Corporate Center Court Stockbridge, GA.
What is the asking price?
The asking price for this property is $1,347,288.
What are key features of this property?
This property features: Office building built in 1996; Positioned along a medical corridor in the ATL MSA; Serving a 500+ unit tenant
More about this property
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