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Mixed-Use Building Near Beaver Ruin

4560 Satellite Blvd, Duluth, GA 30096

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For Sale

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Four-story mixed-use building near I-85, opening Q4 2024.

Type:Office, Retail, Special Purpose

Property size:

19,192 SF

Price / SF:

$302/SF

HighLights

Rooftop event venue with open‑air setting and convertible in/out spaces.
Mixed‑use property offering work/play environment with restaurant, office, professional, and medical spaces.
Direct access to the proposed 68.5‑acre Beaver Ruin Wetlands Park.
Convenient location: 1.5 miles from I‑85 and Beaver Ruin Road.
Proximity to multiple downtown areas: Lawrenceville, Norcross, Peachtree Corners, Johns Creek, and Duluth.
Suites with drive‑thru and pick‑up window available on the main level.

We can help!

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Tung Le

Learn more

For Sale

Contact for pricing

Four-story mixed-use building near I-85, opening Q4 2024.

Type:Office, Retail, Special Purpose

Property size:

19,192 SF

Price / SF:

$302/SF

Added:: Aug 19, 2024
Days on Market:: 689
Last Refresh:: Jun 24 at 5:25 pm

Property Features for 4560 Satellite Blvd

General Information

Standard status: Active
Size: 19,192 SF
Property subtype: Office, Retail, Special Purpose

Building Details

Year Built: 2024

We can help!

Contact an agent

Tung Le

Listing office NDI Maxim Real Estate

Listing date Aug 19, 2024

Source Crexi

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 NDI Maxim Real Estate

HighLights

Rooftop event venue with open‑air setting and convertible in/out spaces.
Mixed‑use property offering work/play environment with restaurant, office, professional, and medical spaces.
Direct access to the proposed 68.5‑acre Beaver Ruin Wetlands Park.
Convenient location: 1.5 miles from I‑85 and Beaver Ruin Road.
Proximity to multiple downtown areas: Lawrenceville, Norcross, Peachtree Corners, Johns Creek, and Duluth.
Suites with drive‑thru and pick‑up window available on the main level.

Overview

Under construction with an anticipated opening in Q4 2024, this four-story mixed-use building is located 1.5 miles from I-85 and Beaver Ruin Road. The property is situated between the Paragon Shopping Center and the proposed 68.5-acre Beaver Ruin Wetlands Park. The mixed-use plan is designed to create a work/play environment. The building will feature a rooftop event venue with an open-air setting, located less than 10 miles from Downtown Lawrenceville, Downtown Norcross, Peachtree Corners, and Johns Creek, and 12 minutes from Downtown Duluth. Other spaces will accommodate a variety of restaurants, offices, professional services, and medical facilities. The lower level includes a covered patio with direct access to Beaver Ruin Park. The main level features a suite with a drive-thru and a suite with a pick-up window. The second floor is reserved for office, professional, medical, or specialty use. The rooftop will offer convertible indoor/outdoor spaces with garage doors, as well as covered and uncovered dining areas. The property size is 19192 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$442.2k	$23.04
− Vacancy	−$31.0k	−$1.61
EGI	$411.2k	$21.43
− OpEx	−$102.8k	−$5.36
NOI	$308.4k	$16.07

19,192 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$4.41M

$3.86M – $5.14M (±1% cap)

NOI $308,423 @ 7.0% cap · market cap 5.32%

Second Best

Office B

$3.67M

$3.21M – $4.28M (±1% cap)

NOI $257,001 @ 7.0% cap · market cap 4.43%

Theoretical Best

Office A

$5.36M

$4.69M – $6.26M (±1% cap)

NOI $375,543 @ 7.0% cap · market cap 6.47%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Duluth
County: Fulton
State: Georgia
Longitude: -84.1617019
Latitude: 33.9414697

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For sale
Mixed-use properties
GA
Duluth
30096
4560 Satellite Blvd

What type of property is this?

Mixed-use property - Four-story mixed-use building near I-85, opening Q4 2024.

Where is this mixed-use property located?

The property is located at 4560 Satellite Blvd Duluth, GA.

What is the asking price?

The asking price for this property is $5,800,000.

What are key features of this property?

This property features: Rooftop event venue with open‑air setting and convertible in/out spaces.; Mixed‑use property offering work/play environment with restaurant, office, professional, and medical spaces.; Direct access to the proposed 68.5‑acre Beaver Ruin Wetlands Park.