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Renovated Professional Office Building
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3985 Steve Reynolds Boulevard, Norcross, GA 30093

Move-in ready office building with reception, multiple private offices, conference rooms, and dedicated amenities for staff.

Property Size4,500 SF
Price / SF$288.89
Days on Market57

Property Features for 3985 Steve Reynolds Boulevard

General Information

Standard status Active
Size 4,500 SF
Property subtype Office

Additional Details

Highway Access Yes
Office Units 8

Building Details

Year Built 2007
Listing Agency: KW Commercial Atlanta - Chattahoochee North
Listed By: David McEachern · License #GA303085
Source: Crexi
Added: Jun 10 Changed: Jul 10 Last Checked: Aug 5 at 12:38PM

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 KW Commercial Atlanta - Chattahoochee North

Investment Insights

Based on property information with market context.

This beautifully renovated professional office building offers 4,500 square feet of move-in ready space arranged for professional workflows. The interior includes a welcoming reception area and dedicated waiting room, along with eight private offices, two conference rooms, and a flexible collaboration space suitable for team meetings and project work. Recent modern updates are reflected throughout the building, supporting an executive-level work environment. Additional in-suite amenities include a kitchen with break room area, washer and dryer, and a full shower facility.

The property is located at 3985 Steve Reynolds Boulevard in Building P, in an established Gwinnett County commercial corridor. Convenient access is provided to I-85 and Jimmy Carter Blvd, supporting connectivity throughout Metro Atlanta. The building is finished with an attractive brick exterior, benefits from abundant natural light, and includes ample parking for visitors and employees.

With a layout that combines client-facing space with multiple private offices and meeting rooms, this property is well suited for owner-users seeking a headquarters-style office. It supports a range of professional uses, including law firms, insurance and accounting practices, engineering and technology offices, real estate operations, and medical practices that require dedicated exam or consultation space within a professional office setting.

Key Highlights

  • 2007‑built, move‑in ready 4,500 SF professional office building at 3985 Steve Reynolds Blvd, Building P
  • Layout includes reception area, dedicated waiting room, 8 private offices, 2 conference rooms, and a collaboration space
  • Renovated office interior with updated modern touches throughout

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 $107.4k $23.87
− Vacancy −$27.1k −$6.02
EGI $80.3k $17.85
− OpEx −$20.1k −$4.46
NOI $60.3k $13.39
4,500 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$860.9K
$753.3K – $1.00M (±1% cap)
NOI $60,260 @ 7.0% cap · market cap 4.64%
Second Best
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,055 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Amanda Gunn Physician Faith Foundation Outreach ... Charitable Organization Dr. Willie Oliver Dental Office Vu Nga T ... Pediatrician Law Office of Diana ... Consultant

Suggested Use

Top Pick Restaurant Auto Parts Store Real Estate Agency Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Lease Details

8
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby

Demographics for 30093, GA

55,364
Population
20,303
Households
2.7
Avg Household Size
31
Median Age
21%
College-Educated
69%
High-School Grad
12.0 sq mi
ZIP Area
4,614
Density / Sq Mi
$50,690
Median Household Income
$34,643
Median Earnings
$1,574
Median Rent
$245,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Move-in ready office building with reception, multiple private offices, conference rooms, and dedicated amenities for staff.
Where is this office building located?
The property is located at 3985 Steve Reynolds Boulevard Norcross, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2007‑built, move‑in ready 4,500 SF professional office building at 3985 Steve Reynolds Blvd, Building P; Layout includes reception area, dedicated waiting room, 8 private offices, 2 conference rooms, and a collaboration space; Renovated office interior with updated modern touches throughout
More about this property
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