Luxurious Buckhead Grand Office
For Sale
Contact for pricing
3338 Peachtree Rd NE, Atlanta, GA 30326
High-end office condo with amenities and prime Buckhead location.
Property Size5,530 SF
Price / SF$341.77
Days on Market729
Property Features for 3338 Peachtree Rd NE
General Information
Standard status
Active
Size
5,530 SF
Class
A
Total Parking Spaces
6
Property subtype
Retail, Office
Zoning
C3C
Building Details
Year Built
2003
Stories
36
Listing Agency:
Colliers - Atlanta, Georgia
Listed By:
Todd Harrell · License #GA 322162
(404) 887-9226
Source:
Crexi
Added: Sep 18, 2024
Changed: Sep 11
Last Checked: Sep 15 at 5:18AM
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 Colliers - Atlanta, Georgia
Investment Insights
Based on property information with market context.
Located at 3338 Peachtree Rd NE, Atlanta, GA 30326, the Buckhead Grand Office Condo offers a ground-level office space spanning 5,530 square feet across Suites 101 & 102. The property includes high-end finishes and furniture. Six dedicated parking spaces are available, with two located directly by the front door. Residents have access to Buckhead Grand Condo amenities, including a gym and pool. The location is near the MARTA Buckhead Train Station and provides convenient access to GA-400, as well as I-75/85 and I-285. The property is suitable for businesses seeking a Buckhead address. Buckhead's restaurants and shopping destinations, such as Lenox Mall and Phipps Plaza, are within walking distance.
Key Highlights
- Prime Buckhead location at 3338 Peachtree Rd NE, Atlanta, GA 30326, offering a prestigious business address.
- Spacious 5,530 SF ground‑level office condo (Suites 101 & 102) with high‑end finishes and included furniture.**
- Six dedicated parking spaces, including two conveniently located by the front door.
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
$74,053
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
3.92%
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%
$1,481,060
$1.5M
Cap Rate 7%
$1,057,900
$1.1M
Cap Rate 9%
$822,811
$822.8K
Market Conditions
NOI Build-Up for 5,530 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
$132.0K $23.87/SF
− Vacancy
−$33.3K −$6.02/SF
EGI
$98.7K $17.85/SF
− OpEx
−$24.7K −$4.46/SF
NOI
$74.1K $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 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%
$1,481,060
Cap Rate 7%
$1,057,900
Cap Rate 9%
$822,811
Alternative Uses
Best Use
Office B
$1.06M
$925.7K – $1.23M
NOI $74,053 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,209 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 30326, GA
8,729
Population
6,332
Households
1.4
Avg Household Size
36
Median Age
77%
College-Educated
100%
High-School Grad
0.8 sq mi
ZIP Area
10,911
Density / Sq Mi
$113,611
Median Household Income
$74,218
Median Earnings
$2,012
Median Rent
$451,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Atlanta, GA
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Frequently Asked Questions
What type of property is this?
Office units - High-end office condo with amenities and prime Buckhead location.
Where is this office units located?
The property is located at 3338 Peachtree Rd NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Prime Buckhead location at 3338 Peachtree Rd NE, Atlanta, GA 30326, offering a prestigious business address.; Spacious 5,530 SF ground‑level office condo (Suites 101 & 102) with high‑end finishes and included furniture.**; Six dedicated parking spaces, including two conveniently located by the front door.
