Flex Space with Grade Level Drive-In
New
For Sale
$975,000
3640 Hewatt Court, Snellville, GA 30039
Flex space with grade-level drive-in warehouse doors, mezzanine storage, and office space with breakrooms and conference rooms.
Days on Market2
Property Features for 3640 Hewatt Court
General Information
Standard status
Active
Property subtype
Industrial
Building Details
Building Size
5,000 SF
Listing Agency:
(404) 942-2084
Listed By:
Avani Patel
Source:
Corfac
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 3:57AM
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 Avani Patel
Investment Insights
Based on property information with market context.
Flex space with a total of 5,000± SF, including 950± SF warehouse area and mezzanine storage above the office area. The office portion is laid out with 12 offices, two breakrooms, and two conference rooms, plus a reception area and customer lounge. Warehouse features include grade level drive-in doors sized 12' x 12' and an 18' ceiling height. On the power side, the space has 200 amps and 120/240 volts. HVAC is provided by three HVAC units.
For day-to-day operations, there is fenced outside storage. The property is located at 3640 Hewatt Court in Snellville, GA 30039.
For day-to-day operations, there is fenced outside storage. The property is located at 3640 Hewatt Court in Snellville, GA 30039.
Key Highlights
- Total 5,000± SF flex space with 950± SF warehouse plus mezzanine storage above the office
- 12 offices, two breakrooms, and two conference rooms with reception and customer lounge
- Grade level drive‑in doors sized 12' x 12'
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 | $119.4k | $23.87 |
| − Vacancy | −$30.1k | −$6.02 |
| EGI | $89.3k | $17.85 |
| − OpEx | −$22.3k | −$4.46 |
| NOI | $67.0k | $13.39 |
5,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$956.5K
$836.9K – $1.12M
NOI $66,955 @ 7.0% cap · market cap 6.87%
Second Best
Warehouse
$524.3K
$458.8K – $611.7K
NOI $36,704 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30039, GA
48,933
Population
16,463
Households
3
Avg Household Size
37
Median Age
36%
College-Educated
92%
High-School Grad
25.3 sq mi
ZIP Area
1,934
Density / Sq Mi
$90,500
Median Household Income
$42,449
Median Earnings
$1,850
Median Rent
$274,900
Median Home Value
Market
Properties on Market for Flex space in Gwinnett County
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Chef Shola — 2236 Hewatt Rd, Snellville, GA 30039
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with grade-level drive-in warehouse doors, mezzanine storage, and office space with breakrooms and conference rooms.
Where is this flex space located?
The property is located at 3640 Hewatt Court Snellville, GA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Total 5,000± SF flex space with 950± SF warehouse plus mezzanine storage above the office; 12 offices, two breakrooms, and two conference rooms with reception and customer lounge; Grade level drive‑in doors sized 12' x 12'
