Fully Furnished Executive
404-4080 Mcginnis Ferry Rd Alpharetta, GA 30004
404-4080 Mcginnis Ferry Rd, Alpharetta, GA, 30004
$638,000
For Sale
$638,000
Executive office suite features seven private offices, conference space, break area, and updated HVAC.
Property Size2,592 SF
Price / SF$246.14
Days on Market83
Property Features for 404-4080 Mcginnis Ferry Rd
General Information
- Standard status
- Active
- Size
- 2,592 SF
Listing agency
Homeland Realty Group, LLC.
(770) 560-6000
Listed by
Shaji Fernandez · License #212080
(770) 560-6000
Source
Exprealty
Added: May 1 Updated: Jul 20 at 6:43PM Checked: Jul 20 at 6:43PM
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 Homeland Realty Group, LLC.
Investment Insights
Based on property information with market context.
This fully furnished executive office suite spans 2,592 square feet and is set up with seven large private offices, a conference room, and a break area. The space also includes two private restrooms, 9' ceilings, solid premium flooring, large glass windows for natural light, and updated HVAC.
The office is located in The Gates at McGinnis Ferry, an office condominium development, at the corner of McGinnis Ferry Rd. and Union Hill Rd. The property is close to GA 400, with the new Halcyon Mixed Use Development nearby.
The suite is zoned M-1. It is offered for sale as part of an office condominium setting within the development.
The office is located in The Gates at McGinnis Ferry, an office condominium development, at the corner of McGinnis Ferry Rd. and Union Hill Rd. The property is close to GA 400, with the new Halcyon Mixed Use Development nearby.
The suite is zoned M-1. It is offered for sale as part of an office condominium setting within the development.
Key Highlights
- 2,592 SF executive office suite in The Gates at McGinnis Ferry in Alpharetta, GA
- Includes seven large private offices plus a conference room and break area
- Two private restrooms and 9' ceilings
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 | $61.9k | $23.87 |
| − Vacancy | −$15.6k | −$6.02 |
| EGI | $46.3k | $17.85 |
| − OpEx | −$11.6k | −$4.46 |
| NOI | $34.7k | $13.39 |
2,592 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$495.9K
$433.9K – $578.5K
NOI $34,710 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$724.6K
$634.0K – $845.3K
NOI $50,719 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Executive office suite features seven private offices, conference space, break area, and updated HVAC.
Where is this office units located?
The property is located at 404-4080 Mcginnis Ferry Rd Alpharetta, GA.
What is the asking price?
The asking price for this property is $638,000.
What are key features of this property?
This property features: 2,592 SF executive office suite in The Gates at McGinnis Ferry in Alpharetta, GA; Includes seven large private offices plus a conference room and break area; Two private restrooms and 9' ceilings
