302 Broad St SE Gainesville, GA 30501
Income-producing multi-tenant building in Gainesville's medical and business district.
Property Features for 302 Broad St SE
General Information
- Standard status
- Active
- Size
- 6,157 SF
- Property subtype
- Retail, Industrial, Special Purpose
Building Details
- Year Built
- 1960
Listing office Corporate
Listing date Feb 24, 2026
Source Crexi
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 Corporate
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Gainesville's Medical and Business District
- Anchored by established tenants including Schlotzsky’s Deli
- Income‑producing asset with long‑term upside potential
Local 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 | $110.8k | $18.00 |
| − Vacancy | −$9.4k | −$1.53 |
| EGI | $101.4k | $16.47 |
| − OpEx | −$30.4k | −$4.94 |
| NOI | $71.0k | $11.53 |
