Office/Retail End Unit
For Sale
Contact for pricing
31 Market Square #105, Newnan, GA 30265
End unit office/retail suite in a small commercial development with 26 parking spaces near the primary entrance of SummerGrove.
Property Size2,004 SF
Price / SF$0.20
Days on Market97
Property Features for 31 Market Square #105
General Information
Standard status
Active
Size
2,004 SF
Total Parking Spaces
26
Property subtype
Commercial
Additional Details
End Cap
Yes
Amenities
1.84 acres, Business Park
Composition
Public Sewer
Parcel Number: SG2 240, Lot: 8A
Carpet, Tile
Central Air
Natural Gas, Central, Forced Air
Listing ID: 10812964, Standard Status: Active, MLS Status: Active, On market as of 2026-07-26, 93 days on market
26 total parking spaces, Paved
Built in 2004, Construction Materials: Brick
County/Parish: Coweta
Resale
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities, Water Available, Water Source: Public, 220 Volts, 3 Phase Electricity Available
Energy Efficiency: Thermostat
Accessible Full Bath, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Building Details
Building Size
2,004 SF
Year Built
2004
Listing Agency:
BHGRE Metro Brokers
(404) 843-2500
Listed By:
Scott Cosby · License #291413
(678) 378-8452
Source:
Blackstreaminternational
Added: Jul 26
Changed: Oct 29
Last Checked: Oct 28 at 7:51AM
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 BHGRE Metro Brokers
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Investment Insights
Based on property information with market context.
Office/retail end unit suite at Market Square, located at 31 Market Square Unit 105 in Newnan, GA 30265. The suite totals 1,260 SF, with a main room of 1,100 SF plus a half bath and a storage/mechanical room. Flooring throughout includes tile and carpet. The suite is part of a broader commercial development totaling 12,200 SF, which includes Christos Trattoria, NRG Gym, ICX Salon, and a new Pest Control office.
Market Square is positioned at the primary entrance of the SummerGrove subdivision, off Lower Fayetteville Road, providing convenient access. The area surrounding the development includes a Nest Day Care, vet and medical/dental offices, Partners Pizza, a real estate office, cleaners, a gas station, and other eateries.
The development is supported by substantial nearby residential presence, with nearly 10,000 residents in the adjacent SummerGrove community. On-site parking totals 26 spaces for the Market Square property.
Market Square is positioned at the primary entrance of the SummerGrove subdivision, off Lower Fayetteville Road, providing convenient access. The area surrounding the development includes a Nest Day Care, vet and medical/dental offices, Partners Pizza, a real estate office, cleaners, a gas station, and other eateries.
The development is supported by substantial nearby residential presence, with nearly 10,000 residents in the adjacent SummerGrove community. On-site parking totals 26 spaces for the Market Square property.
Key Highlights
- 1,260 SF office/retail end unit suite with a 1,100 SF main room
- Half bath plus storage/mechanical room
- Tile and carpet flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,371
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,267,420
$3.3M
Cap Rate 7%
$2,333,871
$2.3M
Cap Rate 9%
$1,815,233
$1.8M
Market Conditions
NOI Build-Up for 12,200 SF
Gross rent
$291.2K $23.87/SF
− Vacancy
−$73.4K −$6.02/SF
EGI
$217.8K $17.85/SF
− OpEx
−$54.5K −$4.46/SF
NOI
$163.4K $13.39/SF
Area
Coweta County, 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%
$3,267,420
Cap Rate 7%
$2,333,871
Cap Rate 9%
$1,815,233
Alternative Uses
Best Use
Retail
$2.45M
$2.14M – $2.86M
NOI $171,598 @ 7.0% cap · market cap 6,863.92%
Second Best
Office B
$2.33M
$2.04M – $2.72M
NOI $163,371 @ 7.0% cap · market cap 6,534.84%
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M
NOI $238,726 @ 7.0% cap · market cap 9,549.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
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Business Placement
Demographics for 30265, GA
36,697
Population
15,331
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
44.0 sq mi
ZIP Area
834
Density / Sq Mi
$104,446
Median Household Income
$55,349
Median Earnings
$1,623
Median Rent
$331,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - End unit office/retail suite in a small commercial development with 26 parking spaces near the primary entrance of SummerGrove.
Where is this office unit located?
The property is located at 31 Market Square #105 Newnan, GA.
What are key features of this property?
This property features: 1,260 SF office/retail end unit suite with a 1,100 SF main room; Half bath plus storage/mechanical room; Tile and carpet flooring throughout
