Leased Office
418 Pirkle Ferry Road Suite 110, Cumming, GA 30040
For Sale
New
Contact for pricing
The suite is fully occupied and arranged with multiple large offices.
Property Size1,140 SF
Price / SF$173
Days on Market6
Property Features for 418 Pirkle Ferry Road Suite 110
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Year Built
Listing Agency:
Keller Williams Community Ptnr
Listed By:
J.B. Bader
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 2:15PM
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 Keller Williams Community Ptnr
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Investment Insights
Based on property information with market context.
This office condominium contains 1,140 square feet and was built in 2005. Its interior is arranged as multiple large offices, and the suite is fully leased, with 100% occupancy. The property is part of the Victoria Station complex at 418 Pirkle Ferry Road, Suite 110, in Cumming, Georgia.
Key Highlights
- 1,140‑square‑foot office condominium built in 2005
- Fully leased with 100% occupancy
- Multiple large offices within the Victoria Station complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,266
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,320
$305.3K
Cap Rate 7%
$218,086
$218.1K
Cap Rate 9%
$169,622
$169.6K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$27.2K $23.87/SF
− Vacancy
−$6.9K −$6.02/SF
EGI
$20.4K $17.85/SF
− OpEx
−$5.1K −$4.46/SF
NOI
$15.3K $13.39/SF
Area
Forsyth County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,320
Cap Rate 7%
$218,086
Cap Rate 9%
$169,622
Alternative Uses
Best Use
Office B
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.7K
$278.8K – $371.8K
NOI $22,307 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,678
Businesses Nearby
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Business Placement
Demographics for 30040, GA
81,191
Population
27,642
Households
2.9
Avg Household Size
38
Median Age
55%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
1,407
Density / Sq Mi
$133,028
Median Household Income
$60,926
Median Earnings
$1,883
Median Rent
$474,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite is fully occupied and arranged with multiple large offices.
Where is this office unit located?
The property is located at 418 Pirkle Ferry Road Suite 110 Cumming, GA.
What is the asking price?
The asking price for this property is $197,220.
What are key features of this property?
This property features: 1,140‑square‑foot office condominium built in 2005; Fully leased with 100% occupancy; Multiple large offices within the Victoria Station complex
