Flex Building with Showroom and
For Sale
$2,099,000
4062 N Henry Blvd, Stockbridge, GA 30281
Brick flex building with a showroom storefront, rear warehouse with offices and kitchenette, plus a fenced and gated yard.
Property Size14,510 SF
Price / SF$144.66
Days on Market206
Property Features for 4062 N Henry Blvd
General Information
Standard status
Active
Size
14,510 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$13,244
Listing Agency:
Chapman Group Realty, Inc.
(678) 878-0215
Listed By:
Joseph F Chapman · License #346657
(678) 878-0215
Source:
Exprealty
Added: Jan 15
Changed: Aug 8
Last Checked: Jul 21 at 2:47PM
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 Chapman Group Realty, Inc.
Investment Insights
Based on property information with market context.
This solid brick flex building offers approximately 14,510 square feet of versatile space configured to support customer-facing activity and day-to-day operations in one location. The front features a wide-open showroom with glass storefront. Behind the showroom, the rear warehouse includes office space and a kitchenette for onsite work. The property also has a second floor that can be used for professional offices, creative space, or future tenant build-out.
The building sits prominently along North Henry Boulevard in Stockbridge. It includes a fenced and gated rear yard, supporting businesses that need secure outdoor space. The property is located just minutes from I-75 and I-675, within an established commercial corridor.
With showroom frontage, warehouse depth, and office space on both the main and second levels, this layout can fit a range of service, retail-adjacent, light industrial, and distribution uses. It is well suited to owner-operators looking for a long-term business location and buyers seeking a flexible building that can accommodate multiple work environments under one roof.
The building sits prominently along North Henry Boulevard in Stockbridge. It includes a fenced and gated rear yard, supporting businesses that need secure outdoor space. The property is located just minutes from I-75 and I-675, within an established commercial corridor.
With showroom frontage, warehouse depth, and office space on both the main and second levels, this layout can fit a range of service, retail-adjacent, light industrial, and distribution uses. It is well suited to owner-operators looking for a long-term business location and buyers seeking a flexible building that can accommodate multiple work environments under one roof.
Key Highlights
- More than 14,000 SF brick commercial building on North Henry Boulevard in Stockbridge
- Wide‑open front showroom with glass storefront for customer‑facing use
- Rear warehouse area with offices and a kitchenette for daily operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$106,516
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,130,320
$2.1M
Cap Rate 7%
$1,521,657
$1.5M
Cap Rate 9%
$1,183,511
$1.2M
Market Conditions
NOI Build-Up for 14,510 SF
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.
Gross rent
$137.6K $9.48/SF
− Vacancy
−$12.2K −$0.84/SF
EGI
$125.3K $8.64/SF
− OpEx
−$18.8K −$1.30/SF
NOI
$106.5K $7.34/SF
Area
Henry County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,130,320
Cap Rate 7%
$1,521,657
Cap Rate 9%
$1,183,511
Alternative Uses
Best Use
Retail
$2.92M
$2.55M – $3.40M
NOI $204,089 @ 7.0% cap · market cap 9.72%
Second Best
Warehouse
$1.52M
$1.33M – $1.78M
NOI $106,516 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$4.06M
$3.55M – $4.73M
NOI $283,927 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30281, GA
69,540
Population
29,546
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
69.3 sq mi
ZIP Area
1,003
Density / Sq Mi
$70,587
Median Household Income
$43,672
Median Earnings
$1,427
Median Rent
$235,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Brick flex building with a showroom storefront, rear warehouse with offices and kitchenette, plus a fenced and gated yard.
Where is this flex space located?
The property is located at 4062 N Henry Blvd Stockbridge, GA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: More than 14,000 SF brick commercial building on North Henry Boulevard in Stockbridge; Wide‑open front showroom with glass storefront for customer‑facing use; Rear warehouse area with offices and a kitchenette for daily operations
