3707 Main Street, College Park, GA 30337

Building Details

Building Size 6,120 SF More

Buildings 2 More

Listing Agency: KW Commercial Peachtree Road

Listed By: Graham Massell · License #373116 Show Phone

Source: Realnex

Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 3:54PM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

Presented as a coffee shop property, the offering is associated with C2 and TOD zoning designations.

Key Highlights

• C2 and TOD zoning designations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$84,162

Cap Rate

4.21%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,683,240 $1.7M

Cap Rate 7%

$1,202,314 $1.2M

Cap Rate 9%

$935,133 $935.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,120 SF

Gross rent

$117.5K $19.20/SF

− Vacancy

−$5.3K −$0.86/SF

EGI

$112.2K $18.34/SF

− OpEx

−$28.1K −$4.58/SF

NOI

$84.2K $13.75/SF

Area

Fulton County, GA

Vacancy

4.50%

Lease Rate

$19.20 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,683,240

Cap Rate 7%

$1,202,314

Cap Rate 9%

$935,133

Alternative Uses

Best Use

Specialty Retail

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,162 @ 7.0% cap · market cap 4.21%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.71M

$1.50M – $2.00M (±1% cap)

NOI $119,754 @ 7.0% cap · market cap 5.99%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Pharmacy Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

832

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 30337, GA

11,810

Population

5,702

Households

2.1

Avg Household Size

38

Median Age

31%

College-Educated

92%

High-School Grad

12.2 sq mi

ZIP Area

968

Density / Sq Mi

$49,472

Median Household Income

$32,272

Median Earnings

$1,109

Median Rent

$311,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Similar Off Market Nearby

• The Real Milk & Honey — 3719 Main St, College Park, GA 30337
• Drip-Thru Coffee® — 1515 Virginia Ave, College Park, GA 30337

Frequently Asked Questions

What type of property is this?

Coffee shop - The property carries C2 and TOD zoning designations.

Where is this coffee shop located?

The property is located at 3707 Main Street College Park, GA.

What is the asking price?

The asking price for this property is $1,999,000.

What are key features of this property?

This property features: C2 and TOD zoning designations