Retail
For Sale
Contact for pricing
4195 Austell Road, Austell, GA 30106
Existing retail space offers a defined commercial footprint for an owner-user or redevelopment plan.
Property Size5,888 SF
Price / SF$339.67
Days on Market141
Property Features for 4195 Austell Road
General Information
Standard status
Active
Size
5,888 SF
Total Parking Spaces
45
Property subtype
Retail, Mixed Use, Special Purpose
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
2000
Listing Agency:
Atesian Properties
(850) 320-5000
Listed By:
Ara Atesian · License #6501311915
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Jul 3 at 1:53PM
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 Atesian Properties
Investment Insights
Based on property information with market context.
This retail property includes 5,888 square feet of commercial space at 4195 Austell Rd. The existing building provides a physical retail footprint for an owner-user or a redevelopment plan.
The property is located in Austell, Georgia, at an address on Austell Rd. Its retail classification and existing square footage provide the primary framework for evaluating the site.
The property is located in Austell, Georgia, at an address on Austell Rd. Its retail classification and existing square footage provide the primary framework for evaluating the site.
Key Highlights
- 5,888 SF of retail space
- Owner‑user opportunity
- Redevelopment opportunity
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
$82,817
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
4.14%
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%
$1,656,340
$1.7M
Cap Rate 7%
$1,183,100
$1.2M
Cap Rate 9%
$920,189
$920.2K
Market Conditions
NOI Build-Up for 5,888 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
$129.3K $21.96/SF
− Vacancy
−$11.0K −$1.87/SF
EGI
$118.3K $20.09/SF
− OpEx
−$35.5K −$6.03/SF
NOI
$82.8K $14.07/SF
Area
Cobb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,656,340
Cap Rate 7%
$1,183,100
Cap Rate 9%
$920,189
Alternative Uses
Best Use
Retail
$1.18M
$1.04M – $1.38M
NOI $82,817 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,735 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
534k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Apparel 30%
Superstores 15%
Shops & Services 12%
Target
Superstores
81,121 visits/mo
0.2 miles
Chick-fil-A
Dining
47,005 visits/mo
0.4 miles
T.J. Maxx
Apparel
46,250 visits/mo
0.2 miles
Kohl's
Apparel
38,407 visits/mo
0.2 miles
Burlington
Apparel
32,283 visits/mo
0.2 miles
Demographics for 30106, GA
24,020
Population
9,576
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
12.6 sq mi
ZIP Area
1,906
Density / Sq Mi
$65,715
Median Household Income
$38,602
Median Earnings
$1,425
Median Rent
$254,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Existing retail space offers a defined commercial footprint for an owner-user or redevelopment plan.
Where is this retail space located?
The property is located at 4195 Austell Road Austell, 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: 5,888 SF of retail space; Owner‑user opportunity; Redevelopment opportunity
