Corporate-Leased Bank
For Sale
Contact for pricing
410 Country Club Dr, Stockbridge, GA 30281
A fully occupied bank facility with a corporate-guaranteed NN lease and a remaining renewal option.
Property Size4,335 SF
Price / SF$546.48
Days on Market10
Property Features for 410 Country Club Dr
General Information
Standard status
Active
Size
4,335 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Gross Income
$136,224
Highway Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Atlantic Capital Partners
Listed By:
David Hoppe · License #NC 288268
(704) 375-7771
Source:
Crexi
Added: Sep 2
Changed: Sep 9
Last Checked: Sep 10 at 8:55AM
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
The property is a 4,335-square-foot bank branch at 410 Country Club Dr in Stockbridge, Georgia. PNC Bank, N.A. occupies the building under a corporate-guaranteed NN lease, with the current term extending through March 2029 following exercise of a 5-year renewal option. One additional 5-year option remains at fair market value.
The branch is immediately adjacent to Eagles Landing Country Club and the Publix-anchored Villages at Eagles Landing within Stockbridge’s Eagles Landing commercial corridor. The site is less than one mile from I-75, which carries approximately 187,000 vehicles per day. Within five miles, the surrounding area includes 7.2 MSF of retail, 2.9 MSF of office, 5.7 MSF of industrial space, and more than 9,500 multifamily units. Nearby traffic drivers include Piedmont Henry Hospital, Walmart Supercenter, Publix, Kroger, Walgreens, Starbucks, Chick-fil-A, Chipotle, and Outback Steakhouse. Downtown Atlanta is approximately 20 miles away.
The branch is immediately adjacent to Eagles Landing Country Club and the Publix-anchored Villages at Eagles Landing within Stockbridge’s Eagles Landing commercial corridor. The site is less than one mile from I-75, which carries approximately 187,000 vehicles per day. Within five miles, the surrounding area includes 7.2 MSF of retail, 2.9 MSF of office, 5.7 MSF of industrial space, and more than 9,500 multifamily units. Nearby traffic drivers include Piedmont Henry Hospital, Walmart Supercenter, Publix, Kroger, Walgreens, Starbucks, Chick-fil-A, Chipotle, and Outback Steakhouse. Downtown Atlanta is approximately 20 miles away.
Key Highlights
- 4,335‑square‑foot bank branch at 410 Country Club Dr, Stockbridge, GA 30281
- 100% leased to PNC Bank, N.A. under a corporate‑guaranteed NN lease
- Current lease term extends through March 2029
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
$69,665
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
2.94%
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%
$1,393,300
$1.4M
Cap Rate 7%
$995,214
$995.2K
Cap Rate 9%
$774,056
$774.1K
Market Conditions
NOI Build-Up for 4,335 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
$99.9K $23.04/SF
− Vacancy
−$7.0K −$1.61/SF
EGI
$92.9K $21.43/SF
− OpEx
−$23.2K −$5.36/SF
NOI
$69.7K $16.07/SF
Area
Henry County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$1,393,300
Cap Rate 7%
$995,214
Cap Rate 9%
$774,056
Alternative Uses
Best Use
Specialty Retail
$995.2K
$870.8K – $1.16M
NOI $69,665 @ 7.0% cap · market cap 2.94%
Second Best
Retail
$871.0K
$762.2K – $1.02M
NOI $60,973 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,826 @ 7.0% cap · market cap 3.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,189
Businesses Nearby
126k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Groceries 35%
Shops & Services 20%
Publix
Groceries
43,868 visits/mo
0.2 miles
Starbucks
Dining
23,162 visits/mo
0.4 miles
The UPS Store
Shops & Services
7,268 visits/mo
0.2 miles
KFC
Dining
5,723 visits/mo
0.3 miles
Chicken Salad Chick
Dining
5,703 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Bank - A fully occupied bank facility with a corporate-guaranteed NN lease and a remaining renewal option.
Where is this bank located?
The property is located at 410 Country Club Dr Stockbridge, GA.
What is the asking price?
The asking price for this property is $2,369,000.
What are key features of this property?
This property features: 4,335‑square‑foot bank branch at 410 Country Club Dr, Stockbridge, GA 30281; 100% leased to PNC Bank, N.A. under a corporate‑guaranteed NN lease; Current lease term extends through March 2029
