Office/Warehouse Flex
4135 Industry Way Flowery Branch, GA 30542
For Sale
Contact for pricing
Flex office and warehouse building with drive-in doors, dock-high access, and updated interior finishes.
Property Size10,000 SF
Price / SF$200
Days on Market115
Property Features for 4135 Industry Way
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1996
Listing Agency:
Brad Bowman
Listed By:
Brad Bowman · License #GA 217076
Source:
Crexi
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 12:37PM
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 Brad Bowman
Investment Insights
Based on property information with market context.
This 10,000 SF office/warehouse flex building is zoned I-1 (Light Industrial) and configured as approximately 50% office space and 50% warehouse space. The office area includes spacious offices, a large breakroom, a conference room, and three restrooms. Interior improvements include freshly painted walls, new carpet, and new flooring. The warehouse features four 12' x 14' drive-in doors with electric openers, along with an on-site dock-high forklift ramp. There is approximately 800 SF of mezzanine space above the offices.
The property is located in the Tanners Creek Business Park with easy access to Thurmon Tanner Pkwy and I-985 (Exit 14).
The building’s combined office and warehouse configuration provides direct loading access through multiple drive-in doors and dock-high capability, supported by dedicated office amenities for day-to-day operations.
The property is located in the Tanners Creek Business Park with easy access to Thurmon Tanner Pkwy and I-985 (Exit 14).
The building’s combined office and warehouse configuration provides direct loading access through multiple drive-in doors and dock-high capability, supported by dedicated office amenities for day-to-day operations.
Key Highlights
- 10,000 SF office/warehouse building zoned I‑1 (Light Industrial) in Tanners Creek Business Park
- 50% office and 50% warehouse layout with spacious offices, large breakroom, and conference room
- Four 12' x 14' drive‑in doors with electric openers plus on‑site dock‑high forklift ramp
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 | $238.8k | $23.88 |
| − Vacancy | −$60.2k | −$6.02 |
| EGI | $178.6k | $17.86 |
| − OpEx | −$44.7k | −$4.47 |
| NOI | $134.0k | $13.40 |
10,000 SF · lease $23.88/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,967 @ 7.0% cap · market cap 6.70%
Second Best
Warehouse
$1.05M
$917.6K – $1.22M
NOI $73,408 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,036 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Colt Group
Industrial Engineer
FAQs
What type of property is this?
Flex space - Flex office and warehouse building with drive-in doors, dock-high access, and updated interior finishes.
Where is this flex space located?
The property is located at 4135 Industry Way Flowery Branch, GA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 10,000 SF office/warehouse building zoned I‑1 (Light Industrial) in Tanners Creek Business Park; 50% office and 50% warehouse layout with spacious offices, large breakroom, and conference room; Four 12' x 14' drive‑in doors with electric openers plus on‑site dock‑high forklift ramp
