Church Facility With Office
For Sale
$2,800,000
4450 Peachtree Lakes Dr, Duluth, GA 30096
Religious facility with sanctuary, classrooms, worship areas, offices, fellowship space, and a separately leased office suite.
Property Size16,224 SF
Price / SF$172.58
Days on Market48
Property Features for 4450 Peachtree Lakes Dr
General Information
Standard status
Active
Size
16,224 SF
Property subtype
Commercial
Building Details
Year Built
2000
Listing Agency:
Virtual Properties Realty.com
Listed By:
Grace Yoon (404-514-1000) · License #205413
(404) 514-1000
Source:
Newhomesinmetroatlanta
Added: Aug 10
Changed: Sep 22
Last Checked: Sep 26 at 7:32AM
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 Virtual Properties Realty.com
Investment Insights
Based on property information with market context.
This 16,224 SF facility, built in 2000, occupies 2.54 acres within Peachtree Lakes Business Center. Approximately 12,000+ SF is configured for church use, including a sanctuary with seating for 270+ people, 6-7 classrooms, a nursery, a separate children's worship area, 3 office spaces, a conference room, fellowship hall, kitchen, and storage areas. The property also includes more than 70 parking spaces.
An additional 4,000 SF office suite, identified as Suite 100, is currently leased through 11/30/26 with an option to renew. The property is located in Duluth near Peachtree Industrial Blvd and South Berkeley Lake Drive, providing a commercial setting for the existing religious and office configuration.
An additional 4,000 SF office suite, identified as Suite 100, is currently leased through 11/30/26 with an option to renew. The property is located in Duluth near Peachtree Industrial Blvd and South Berkeley Lake Drive, providing a commercial setting for the existing religious and office configuration.
Key Highlights
- 16,224 SF church and office facility on 2.54 acres
- Approximately 12,000+ SF configured for church use
- Sanctuary seats 270+ people and includes 6‑7 classrooms
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
$217,257
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
7.76%
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%
$4,345,140
$4.3M
Cap Rate 7%
$3,103,671
$3.1M
Cap Rate 9%
$2,413,967
$2.4M
Market Conditions
NOI Build-Up for 16,224 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
$387.3K $23.87/SF
− Vacancy
−$97.6K −$6.02/SF
EGI
$289.7K $17.85/SF
− OpEx
−$72.4K −$4.46/SF
NOI
$217.3K $13.39/SF
Area
Gwinnett 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 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%
$4,345,140
Cap Rate 7%
$3,103,671
Cap Rate 9%
$2,413,967
Alternative Uses
Best Use
Office B
$3.10M
$2.72M – $3.62M
NOI $217,257 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.54M
$3.97M – $5.29M
NOI $317,466 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 30096, GA
69,953
Population
28,903
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
3,082
Density / Sq Mi
$75,478
Median Household Income
$43,080
Median Earnings
$1,741
Median Rent
$342,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Religious facility with sanctuary, classrooms, worship areas, offices, fellowship space, and a separately leased office suite.
Where is this church & religious facility located?
The property is located at 4450 Peachtree Lakes Dr Duluth, GA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 16,224 SF church and office facility on 2.54 acres; Approximately 12,000+ SF configured for church use; Sanctuary seats 270+ people and includes 6‑7 classrooms
