3505 DULUTH PARK LN Building 300, Duluth, GA 30096
Single-tenant office building with a long-term tenant since 2010 and a lease extending through June 30, 2027.
- Added:
- Jun 5, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 20 at 6:31 am
Property Features for 3505 DULUTH PARK LN Building 300
General Information
- Standard status
- Active
- Size
- 5,850 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing agent Drew Curtin License #356754
Listing office RE/MAX Center - The David Freeman Team (770) 605-8841
Listing date Jun 5, 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 RE/MAX Center - The David Freeman Team
HighLights
- Single‑tenant office building built in 2003 with approx. 5,850 SF
- Long‑term tenant operating since 2010
- Lease term remaining through June 30, 2027, with two (2) additional three‑year renewal options
- Tenant pays real estate taxes and utilities, reducing landlord operating expenses
- Owner responsibilities include building insurance and association dues
- Association dues cover common area maintenance such as parking lot maintenance, sidewalks, landscaping, and trash service
Overview
Located in the City of Duluth in Gwinnett County, the property is minutes from Northside Duluth Hospital. Association dues help cover common area maintenance items, including parking lot maintenance, sidewalks, landscaping, trash service, and other common area expenses. This setup is designed to reduce certain ownership responsibilities by shifting key operational costs and common area items through the association.
For investors or owner-operators looking for a stabilized office asset, the current tenancy and defined lease term provide established occupancy. The operating expense framework also assigns specific costs to the tenant (taxes and utilities) and to ownership (insurance and association dues), which can help streamline underwriting and ongoing management for those seeking a straightforward, tenant-supported office investment.
Local Financial Insights For Office B
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 | $139.6k | $23.87 |
| − Vacancy | −$35.2k | −$6.02 |
| EGI | $104.5k | $17.85 |
| − OpEx | −$26.1k | −$4.46 |
| NOI | $78.3k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- Fulton
- State
- Georgia
- Longitude
- -84.1593882
- Latitude
- 34.001706
