Freestanding Office
For Sale
$5,900,000
3259 Duluth Hwy, Duluth, GA 30096
For-sale office building at 3259 Duluth Hwy in Duluth, GA.
Property Size35,166 SF
Days on Market157
Property Features for 3259 Duluth Hwy
General Information
Standard status
Active
Size
35,166 SF
Class
B
Property subtype
Office
Building Details
Building Size
35,166 SF
Year Built
2009
Stories
2
Listing Agency:
CTR Commercial Real Estate
Listed By:
Annette Adams
Source:
Commercialcafe
Added: Apr 3
Changed: Aug 13
Last Checked: Sep 5 at 4:22AM
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 CTR Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale office building is located at 3259 Duluth Hwy in Duluth, Georgia. The property is marketed as part of a commercial real estate offering that includes office buildings and office spaces.
The available information does not specify unit mix, building size, floor count, interior condition, or amenities, so additional details should be confirmed during due diligence.
For parties evaluating an acquisition, the property’s current records should be reviewed to determine the best fit for occupancy or redevelopment based on confirmed building features and documentation.
The available information does not specify unit mix, building size, floor count, interior condition, or amenities, so additional details should be confirmed during due diligence.
For parties evaluating an acquisition, the property’s current records should be reviewed to determine the best fit for occupancy or redevelopment based on confirmed building features and documentation.
Key Highlights
- Office building for sale at 3259 Duluth Hwy in Duluth, GA
- Built in 2009
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
$470,910
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
7.98%
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%
$9,418,200
$9.4M
Cap Rate 7%
$6,727,286
$6.7M
Cap Rate 9%
$5,232,333
$5.2M
Market Conditions
NOI Build-Up for 35,166 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
$839.4K $23.87/SF
− Vacancy
−$211.5K −$6.02/SF
EGI
$627.9K $17.85/SF
− OpEx
−$157.0K −$4.46/SF
NOI
$470.9K $13.39/SF
Area
Fulton 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 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%
$9,418,200
Cap Rate 7%
$6,727,286
Cap Rate 9%
$5,232,333
Alternative Uses
Best Use
Office B
$6.73M
$5.89M – $7.85M
NOI $470,910 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.83M
$8.60M – $11.47M
NOI $688,117 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
Demographics for 30096, GA
69,953
Population
28,903
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
3,082
Density / Sq Mi
$75,478
Median Household Income
$43,080
Median Earnings
$1,741
Median Rent
$342,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - For-sale office building at 3259 Duluth Hwy in Duluth, GA.
Where is this office building located?
The property is located at 3259 Duluth Hwy Duluth, GA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Office building for sale at 3259 Duluth Hwy in Duluth, GA; Built in 2009
